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Cantonese Cat ๐Ÿฑ๐Ÿˆ
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Cantonese Cat ๐Ÿฑ๐Ÿˆ
02-02
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Why I think 2026 should be a massive year: Part 1. China. The #HangSengIndex hits my target at 28,000 at the 0.786 log fib and at the diagonal resistance trendline. Initially, I thought that this would be a massive resistance, possibly cycle-ending. But with it consolidated underneath resistance for months, and with $BABA looking good, compounded with the fact that most people don't care about this based on a lack of discussion on X and a lack of engagement with these Chinese stocks, as well as the conventional wisdom that they are apparently un-investable, I think they're going to do just fine into 2026. China is facing significant deflation from multiple forces. Asset bubble from housing has burst, population has been shrinking since 2022 which limits growth, massive youth unemployment, and innovative use of AI and robotics. They have no choice but to print money. I don't really plan to invest heavily in China, but liquidity should flow through to international markets.
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