As BIDU Goes, So Goes the Chinese Economy

BIDU is a huge bellwether of China. It has collapsed to a new low, indicating that the economy of China may be worse off than the official reports claim. This new low created a temporary bounce due to a severely steep selling trendline pattern.

snapshot
baidubellwetherBIDUbounceCandlestick AnalysisChart PatternschinaeconomyLOWnewlowTrend Analysistrendlinepattern

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
Also on:

Disclaimer