I Shares China Large Cap ETFimage
I Shares China Large Cap ETF
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 Shares China Large Cap ETF
🚀 Bitcoin & Ethereum: Exciting times in the crypto worldimage
🚀 Bitcoin & Ethereum: Exciting times in the crypto world
This trading week saw renewed attempts by Bitcoin to break through the significant USD 73,961 mark - but so far without success. However, the increasingly tight consolidation points to an imminent breakout. Should Bitcoin break through this threshold, the next target is set at USD 84,918, with the crypto community's ambitious psychological annual target of USD 100,000.While Bitcoin continues to defend its dynamic upward trend and I remain fully invested in my crypto portfolio, the developments in Ethereum also deserve special attention. After a period of weakness against Bitcoin this year, the approval of a new Ethereum fund has led to a sharp rise. This development could see Ethereum outperform Bitcoin in the coming weeks as it brings additional liquidity to the market.I am also keeping an eye on cryptominer stocks and plan to significantly increase these investments at the expense of other positions in the event of positive signals. The sector remains dynamic and offers attractive opportunities, albeit with the usual high risks. Of course, my comments on the high risks and the maximum proportion of the portfolio from my previous posts still apply.
🚀 Bitcoin & Ethereum: Exciting times in the crypto world
BTC Updateimage
BTC Update
Aufgrund der drei Hochs besteht die Möglichkeit eines neuen Intra Musters. übergeordnet ist weiterhin das Gelbe Muster relevant. Die mögliche Korrektur über das graue Wolfsmaul könnte den Rücklauf 13er gelb bedienen. 
BTC Update
S&P 500, Nasdaq100, and Russell 2000image
S&P 500, Nasdaq100, and Russell 2000
The U.S. election will take place on Tuesday, November 5, 2024, and the S&P 500 clearly seems determined to reach the 6,000 mark before the election. From my perspective, the election outcome is less important than the process of declaring a winner. The market dislikes uncertainty, and the depth of any post-election correction will depend on how quickly a winner is confirmed. Trump currently leads in the polls, and his campaign promises suggest he would likely continue driving the markets, given his plan to spend roughly four times as much as Harris.
S&P 500, Nasdaq100, and Russell 2000
S&P500 - Positive scenario prevails!image
S&P500 - Positive scenario prevails!
Last week I still had the correction on the chart, now I am assuming a direct "march through" towards 5,400 points and even then I only expect a moderate correction. This is because a positive divergence has formed in the "advanced/declineline". Roughly speaking, this indicator shows the market breadth and has expanded to a new high. At the same time, the S&P500 has not (yet) managed to do so. However, this divergence was the "tip of the scales", which is why I expect a clear continuation of the upward trend. It is interesting to note that it is no longer the technology stocks that are generating the momentum, but rather the representatives of the sectors: Energy, Utilities, Materials, Industry and Communication Services. What is particularly exciting here is the "utilities" theme, behind which the "smart grid or energy infrastructure" theme also lies.
S&P500 - Positive scenario prevails!
Victors Trading Blog #5image
Victors Trading Blog #5
Following up with the trade and chart drawings from yesterday, we can see that we did in fact go above the BSL outlines in yesterday's edition, which would be a move of $1059 or 1.6% within 12 hours per Bitcoin. 
Victors Trading Blog #5