FTSE China A50 Index futures update - 7 November 2024
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
Chinese stock market - 40 day cycle upswing just started.
We last wrote about the index back on 8 October as price was rolling over and had been waiting for a bottom and then a move out. The market is pretty much government announcement driven and spent 20 days in a sideways move after the 17 October low.
