China's Stock Market Rally: Predictable as Early as April 3, 2020
by Mark Galasiewski
Updated: July 09, 2020
How many times have you seen a mainstream market expert turn bullish when "fundamentals" are bad?
Not many. That's because "fundamental" market analysts wait for the economy to improve before turning bullish.
Of course, by then, it's often too late to chase the trend. Case in point: the rally in stocks since late March, which even many of the Wall Street pros have admitted to missing.
By contrast, when you look at the markets immediately technical picture, you can make forecasts in real-time -- and without looking at "fundamentals."
The Shanghai Composite and the Shenzhen component, which have been rising strongly, are a good example.
Here's what helped us turn bullish on China on April 3, 2020 -- in the thick of the pandemic.