CN50 Test Major Support, Potential To Breakout To All Time Highs

Cn50 broke out from a major level and is now back testing prior support. On the monthly chart Cn50 has been creating a very large ascending wedge pattern and broke out. The market has the potential of breaking out to all time highs and starting a large bull market. I'm bullish on China over the long run and believe a very strong bull market could form from this level lasting many years.

Kommentera:

Stopped out of trade, trade closed for a loss. On to the next one.