Analysis of the Chinese China50 index and the best expected buying areas

Opportunity Coming Soon with the China50 Index Correction

 

The China50 Index is still moving in a strong overall upward trend.

This is due to previous consolidation operations.

We still expect the index to continue rising in the long term.

In the event of a correction and the index declines again,

the new demand zones identified at the 14,350 level

are considered one of the most important and strongest expected buying areas currently.

From there, a rise is expected to reach targets at 14,600 and 14,900

to resume the current uptrend.

If the first demand zones are broken, a decline is expected

to the next demand zones at the 13,779 level,

which align with the rising trend line, and from there, a return to the uptrend is expected.