Shanghai Composite Index - 11 September 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.
Approaching 80 day cycle trough zone, expecting a recovery.
Even if you do not trade China, understanding market sentiment there is key to a host of other macro elements. A rally in China has an impact on global growth, which in turn affects copper, oil, the metals complex in general as well as the FX carry trade.
