Blog Post: Unlike US stocks, China stocks are entering Stage 2 up-trends, post lock-down recovery? See weekly charts of $GXC and $KWEB

I happened to notice that BIDU and BABA had strong advances on Wednesday. So I looked at my watchlist of world stock ETFs and was amazed to find so many China ETFs above their 30 week averages and maybe beginning Stage 2 up-trends. Here are just two of many examples. Note the huge volume on some recent up weeks. Maybe China is having a postCovid lock-down recovery? It is nice to see some major stock indexes entering Stage 2.

The post Blog Post: Unlike US stocks, China stocks are entering Stage 2 up-trends, post lock-down recovery? See weekly charts of $GXC and $KWEB first appeared on Wishing Wealth Blog.