It's been a long time since our last post, Hi everyone!
It's time for some rotation!!
Earlier this week, we have taken our profit from Indonesia (flatten 85% of our position) and reallocate this capital to China (50%), Taiwan (25%) and SKorea (25%).
China already gave back 35% of its price to the market from top to bottom and stabilizing while western markets start to take note of a potential mid-term recession (our guess is about 3 years), purging "fake money" that inflated assets during the past QE era. Inflation is transferring to real economy now.
We remain in buying program above 12.5K on a long term perspective, and above 13K on a short term perspective, with a first target at 14.5K. (below, a simplified approach in context)
Happy Trading!!
#OPINIONLEADER# #CHINA-A50# #AsianMarket# #S&P500#
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