A backstop ≠ the bottom is in—don’t pop the champagne just yet.
11/2 recap: a reality check for China’s A-share market:
After the rebound, I still want to see a pullback.
A retest of the previous low is still part of the scenarios I’m watching.
Look at the main board and ChiNext separately.
A short-term signal doesn’t mean the bigger trend is confirmed.
For a rebound, watch its strength; for a pullback, watch the structure.
There’s hope, but don’t mistake emotion for a buying signal.
@Cycle_King1913
Personal opinion, not investment advice.
Source: @Cycle_King1913 on X
11/2 recap: a reality check for China’s A-share market:
After the rebound, I still want to see a pullback.
A retest of the previous low is still part of the scenarios I’m watching.
Look at the main board and ChiNext separately.
A short-term signal doesn’t mean the bigger trend is confirmed.
For a rebound, watch its strength; for a pullback, watch the structure.
There’s hope, but don’t mistake emotion for a buying signal.
@Cycle_King1913
Personal opinion, not investment advice.
Source: @Cycle_King1913 on X