1M Bull White Swan China50 has 26500+ price target

31 oct.

On the monthly timeframe a white swan harmonic pattern is now active, heading to pt1. Recent signal in retracement to .618 then should continue upward to top of the white swan triangle with the next price targets at ~26600 and 36600 levels. This is a monthly timeframe chart, but the trend is now bullish (in bearish retracement lower timeframes) and the general trend should be very bullish over the next year.

See my recent bear deep crab post for NQ1 (Nasdaq futures)--if that bearish scenario plays out, expect major rotation into non-US emerging markets--especially China and Hang Seng (HSI).