China50 index and expected new buying areas

Best Buying Areas for the China50 Index .


The Chinese index continues to move in a strong uptrend.

The index has managed to establish strong new buying demand areas.

After fully achieving the targets set in the previous analysis,

this confirms the current strength of buyer control.

If the new demand areas are retested,

located at the 13385 levels,

a rise from them to targets 13541 and 13759, respectively.

The analysis fails to break and close a full candle below the current areas.