Note

Exit from Indonesia to China

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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%).

Exit from Indonesia to China


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.

Exit from Indonesia to China


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)

Exit from Indonesia to China


Happy Trading!!

#OPINIONLEADER# #CHINA-A50# #AsianMarket# #S&P500#

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