The I Shares China Large Cap ETF (FXI) is an exchange-traded fund focused on the largest and most liquid companies in the Chinese market, primarily listed on the Hong Kong Stock Exchange. These companies mainly come from the finance, energy, telecommunications, and consumer goods sectors. Some of the most prominent holdings include:

I formulated these two options last week:Option 1: The correction is complete and the 5,500 point mark is overtraded at the end of the week and the daily volume also goes with the rise. On this basis, I will then select and invest in the leading sectors and stocks of this movement.Option 2: In my view, the best option for the sustainability of the trend. After rising to the 4,400-4,500 point region, the downward movement develops a second, stronger downward leg to the 4,800 to 4,900 point region. In this region I will then select the sectors and stocks that have held up relatively well and then invest the first positions. The stocks that recover relatively dynamically after a sell-off are also interesting.After a strong week, it looks very much like option 1, because on the one hand the downward trend was overtraded and on the other hand the volume was also decent, even if not stronger than in the sell-off the week before last. In addition, a positive divergence can be seen in the market breadth (A/D line), which has marked a new all-time high, while the S&P500 has not yet managed to do so.Is option 2 completely off the table? No! A sharp countermovement is quite common after such sell-offs. Nevertheless, I will continue to focus my investments on option 1. In principle, I would have tended to focus on index investments with option 2, but conversely I will be looking for individual share investments in the coming week, which on the one hand were relatively stable during the downward movement, but on the other hand also picked up again in the last trading week. It is important that I follow the market, but do not chase after it, but cautiously build up my investment quota.The same scenario applies to the Nasdaq100 and the index is also of interest to me in my search for individual investments, as it has regained its relative strength against the S&P500. The index is less interesting for me, but rather the individual stocks with the first-mentioned criteria.The U.S. small cap index Russell 2000 was unable to maintain its relative strength against the S&P500 and Nasdaq100 and is therefore only the second priority for my stock selection. Nevertheless, this index also has the opportunity to chase records towards the end of the year.If the last two trading days were just a false breakout, I will act again according to option 2 and stop the successive expansion of investments, but without selling in a hurry.

Tesla's always an interesting ticker for many stock traders because of its liquidity and volatility, but what do the technicals say right now?

In times of a strong correction, I always look at my trading system. This conscious return to the basic strategy strengthens me psychologically for two scenarios.Scenario 1 "The ideal trading buy" (currently my primary scenario) with a test of the 30-week average of my basic index S&P500 with a rise in volume at a turning point on a weekly basis. This means again: look for sector leaders, select stocks, increase the investment ratio towards 100%.Scenario 2 "Phase change" An unmotivated rebound with no significant pressure and thus the risk of switching to phase 3. This neutral phase can either lead to a sideways movement in which I trade individual setups or outside the equity market (e.g. precious metals/commodities), but keep tight risk hedges and always maintain a liquidity ratio. This phase can either lead to a new phase 2 or the whole scenario can turn towards liquidity and short investments with a phase 4.This awareness of the options prevents me from sticking to my desired scenario and letting myself be driven by the news, but instead looking exclusively at the only two relevant facts that exist for me when investing in such phases: Price and volume.P.S. Stan Weinstein's book "Secrets for Profiting in Bull and Bear Markets" (source of the charts) is more relevant than ever, despite or perhaps because of its historical age of 36 years.

BTC hat fast den 1.38 Rebound vom gelbem Muster erreicht und dabei in Adam & Eva gebildet. Das erste Ziel wäre bei ca. 76.6k. Davor muss er aber erst die 70/71k brechen und zum Schluss noch die 73k danach sollte der Weg frei sein zu den 85k und höher.

The end of the trading week was a big expiry day, and some shorts apparently had to be covered all week. Individual stocks, especially from the technology sector, showed strong price volatility. This was also evident on the last trading day with an upward fuse. On the other hand, some institutional investors apparently only extended their short positions, as the index fell again towards the end. I assume that there will be a few more openings of short positions next week, which could lead to a fall to the 10-week line. That would be about a 4% correction, the secondary correction scenario would be a maximum 10% correction of the index.The dynamics and above all the volume after the first trading days of the "Magnificent 7" will be relevant for me, but at present this correction is no reason for me to reduce my investment quota with a focus on technology. I will simply continue to review my positions and make sure that my shares do not produce any price gaps and do not become too volatile.The Nasdaq100 also shows this picture, and the divergence between price development and market breadth (A/D indicator) mentioned last week is, to my astonishment, diminishing in such a way that the market breadth is rising again and not the market falling. Also, despite all-time highs, greed is very low and I expect a brief dip into fear territory, which is a buy signal for me on the CNN fear and greed indicator.

As human beings, it's natural for us to seek control and order in our lives. From an early age, we are guided to follow a set path – study hard, heed our parents' advice, respect authority, secure a good job, start a family, and so on – in pursuit of what society deems as the perfect life. However, this standardized approach may not align with the uncertainties inherent in activities like trading. 

Some time ago, I published an idea about BYD Gaming having upside potential, although I didn't like the indices at the time. I still don't like them, but the idea performed quite well :)

In today’s article, we’ll explore one of the most powerful yet often overlooked tools in cryptocurrency trading: fractals. While top crypto traders tend to use fractal levels to identify support and resistance points for trading bounces and breakouts, there’s a more effective way to harness this tool. Hint: the true power lies in breakout trading, not just in support and resistance. In fact, many traders even incorporate fractals into their algorithmic trading bots. We recall using fractals to identify support and resistance when we built our first automated crypto trading bot—and unsurprisingly, it wasn’t among the most successful strategies.

Zum einen ist dort ein sogenanntes Black Swan pattern vorhanden, welches in der technischen Analyse für eine Trendumkehr steht. Die Zielbestimmung dieses  Harmonischen Musters geschied typischerweise in zwei abträgen.

Hello, Skyrexians!