Sizable breakout spotted in the shanghai index as it break above 4yr falling channel and on volume spike! Is rotation about to jump out of US equities and jump into Hang Seng and Shanghai? Is this what mr market is signalling? If the breakout count is right both shanghai and hang seng indices should post at least 40% gains by end 2015.
Will be staying long chinaland equities while reducing US equity exposure going forward. For those that can't play them directly the alternative is the
FXI ETF$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!