FYI: The market action for BRIC (Brazil, Russia, India, China) countries has been pretty good lately. Below we take a look at long-term trading range charts for each of them going back to the start of 2013.
China’s Shanghai Composite experienced a legit crash in the second half of 2015 after an epic run higher from mid-2014 through mid-2015. Since markets bottomed globally back in February, the Shanghai Composite has formed a new short-term uptrend channel, but volatility has declined dramatically, giving investors plenty of time to catch their breaths after an epic boom and bust market cycle. Generally speaking, the action for Chinese stocks has been positive over the last six months.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/long-term-bric-charts/
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