Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU)

I sold during the hugh gap up 03/2019 after I started buying shares back in mid July 2018. I think it needs some consolidation in here before another upterend. Trump still playing the Tweet card on trade makes this one hard to hold but still have a strong position in emerging markets stock/bonds as i'm buying the dips and holding there.

Found this ticker using a tech scan for overbought positions with declining RSI's. Bought some puts today based on the inverted pincher pattern divergence and speculation that trade deals remain indecisive. Are you still long CHAU near-term Stockguard? tia!

https://stockcharts.com/u-sc/ui?s=CHAU&p=D&yr=0&mn=4&dy=0&id=p55856982525

Ignore China's Steep Yield Curve And Start Preparing For QE - Here's Why

https://seekingalpha.com/article/4247603-ignore-chinas-steep-yield-curve-start-preparing-qe

The Chinese Exports Plunge Is Misleading

https://seekingalpha.com/article/4247338-chinese-exports-plunge-misleading

An excellent way to play double catch up in the top 300 China stocks. They have been out of favor since 2015, so a lot of growth here.

$CHAU Direxion Daily CSI 300 China A Share Bull 2X Shares
Nice to watch the accumulation going on and larger blocks of 5000 plus purchases. The ETF has a lot of room to move back up and even more so with the talks ongoing this week in Washington which seem to be going well with the current press conference highlights just disclosed today.

China, Emerging Markets Lead 2019 Rebound For Global Equities

Across-the-board gains continue to mark this year's results for global equity markets, based on a set of exchange-traded funds that track the world's major regions and countries. At the top of the performance list so far in 2019: stocks in China, Latin America and Africa.

The strongest increase year to date is currently held by iShares MSCI China (NYSEARCA:MCHI), which is up 13.6% through yesterday's close (Feb. 21). After suffering a sharp loss in 2018, the ETF has rallied this year and on Thursday closed above its 200-day moving average for a second straight day.

One factor that appears to be supporting Chinese stocks lately: upbeat reports in recent days that Sino-US trade talks may soon lead to a solution for resolving the trade war between the world's largest economies. Bloomberg reports that President Trump is scheduled to meet with China's top trade negotiator today (Feb. 22), an encounter that may produce a preliminary deal on a new round of tariffs that the US is planning to impose next month.



The second-strongest gain year to date is currently held by an ETF focused on Latin America. After a rough 2018 that took a hefty bite out of iShares Latin America 40 (NYSEARCA:ILF), the ETF is up 12.6% this year. In third place: VanEck Vectors Africa (NYSEARCA:AFK), which has also rebounded in 2019 and is currently posting a 12.1% return.

The US equity market is the fourth-strongest performer in this ranking. SPDR S&P 500 (NYSEARCA:SPY) is ahead by a solid 11.0% for 2019 - just slightly ahead of global equity market overall, based on the 10.4% year-to-date gain for Vanguard Total World Stock (NYSEARCA:VT).

The weakest year-to-date performer in the major region/country lineup: equity markets in the Middle East. After a strong run in 2018, WisdomTree Middle East Dividend (NASDAQ:GULF) has become a relative laggard this year. At Thursday's close, GULF was up 4.9% for 2019.

Foreign markets edged higher in Friday's trading, buoyed by expectations that the US-China trade war may be set to ease.

"Given that enough headway seems to have been made to warrant a meeting between Trump and the Chinese negotiator today, it appears more likely that the US will not raise the levies, which should help high-beta currencies and equities push higher," predicts Konstantinos Anthis, head of research at ADSS, a forex broker in Abu Dhabi.

https://seekingalpha.com/article/4243412-china-emerging-markets-lead-2019-rebound-global-equities

Trade optimism lifts stocks in Asia
Feb. 18, 2019 3:57 AM ET

Asian markets firmed overnight, after the Dow and Nasdaq boasted their eighth consecutive weekly gains, on hopes the U.S. and China would hammer out an agreement resolving their protracted trade war.

The two sides resume negotiations this week with President Trump saying he may extend a March 1 deadline for a deal.

China's credit growth also exceeded expectations in January, helping ease worries of a slowdown in the world's second largest economy.

Nikkei +1.8%; Shanghai +2.7%; Hang Seng +1.8%.

https://seekingalpha.com/news/3434176-trade-optimism-lifts-stocks-asia

Like 2015 all over again and big gains to be made:

China Offers a Path to Eliminate U.S. Trade Imbalance, Sources Say

https://www.bloomberg.com/news/articles/2019-01-18/china-is-said-to-offer-path-to-eliminate-u-s-trade-imbalance?srnd=premium

$CHAU Chart – closed above EMA 8 @ 31.49 yesterday – the middle Bollinger Band @ 36.60 is the Key resistance level to break – when $CHAU turns the middle BB into support a new up trend can begin –

$CHAU – closed above EMA 8 @ 32.32 for the 2nd day in a row – “starting” to turn that level into support – EMA 4 @ 31.37 is coming up fast & setting up to cross EMA 8 - be sure to checkout the chart & TA on the site -

$CHAU Chart – very sweet follow through after yesterday’s close above EMA 4 @ 30.42 – EMA 8 @ 32.18 is the key level to close above today – the last close above EMA 8 was on June 12th – bullish change in trend when EMA 8 turns into support – the middle Bollinger Band @ 41.29 is the next Key level to close above & turn into support – when $CHAU turns the middle BB into support a new up trend can begin –

$CHAU - nice follow through for $CHAU today - congrats to everyone that caught yesterday's chart & TA -

$CHAU Chart - China Bulls are having a great day - huge bounce after making a new 52 week low & closing at an all time low yesterday - $CHAU just started trading in April - very volatile chart - checkout all those Gaps - monster volume the last 3 days - China markets trying to rebound after a 25% decline in a short period of time - w/ the govt. controls & China forecasted for 6.8% growth EYE imagine the China bulls will get more love in the future -