Caution! Dramatic development in Chinese stocks
The stock markets in China are currently in crash mode. Panic is spreading among the values of the world’s second largest economy, which are traditionally closely interconnected with the DAX and MDAX. This could end badly.
That’s why I have made this topic the focus of my „DAX daily“ this week. What’s going on in China? How low can it go? What does this mean for your stocks, even if you don’t own any Chinese securities? What should you do now? You can find answers to these important questions here today and in the coming days.
Normally, you can only access such analyses through my stock service. In fact, readers of my stock service Voigts Global Profits received these analyses from me several weeks ago. I usually don’t publish them here in the free section.
Valuable specialized knowledge should only be reserved for my exclusive circle of readers. You can also join this circle at any time. We currently do not have any access restrictions.
But in this case, I am making an exception. Because this development can be very dangerous for your portfolio if you are not prepared.
It is important to me that you are prepared for all developments. Perhaps you have stocks in your portfolio that could be in danger.
Strong performance in your portfolios and comprehensive analyses that you won’t find anywhere else are my promise. Maybe you want to take a closer look at my work. You can find a suitable link below right next to my signature. But now let’s get straight to the point.
Dramatic development in Chinese stocks – danger for your portfolios? The situation for Chinese stocks is currently looking really bleak. In the next few weeks, a full-blown crash could actually develop here. I will show you what’s going on and what the consequences could be for your stocks in my upcoming posts.
The Chinese stock markets are currently breaking through a long-term important support level. A support level that has held for 10 years. From here, there have been repeatedly solid bottoms and subsequent major rallies.
Shanghai Index: Uptrend broken for the first time in 10 years – Crash danger! Source: finanzen.net / own representation
But this time, it doesn’t seem to be working. I will show you what consequences this has, especially for your stocks that you may think are safe, in my post tomorrow.
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