##{"id":58528,"date":"2011-07-28T10:28:24","date_gmt":"2011-07-28T00:28:24","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/28\/china-leading-global-equities\/"},"modified":"2011-07-28T10:28:24","modified_gmt":"2011-07-28T00:28:24","slug":"china-leading-global-equities","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/28\/china-leading-global-equities\/","title":{"rendered":"China Leading Global Equities?"},"content":{"rendered":"

\n\tFNArena<\/span><\/span><\/span> has added another video to its Investors Education section on the website<\/span><\/span> by ATW<\/span> founder and trader Jerry Simmons.<\/p>\n

\tThe observation stands on its own merits: the Chinese share market has led global equities and risk assets at crucial turning points since the GFC<\/span>. Think late 2008-early 2009 and think mid-2010. ATW's<\/span> Jerry Simmons has picked up on the theme, which might not be unimportant given Simmons' technical analysis shows the outlook for Chinese equities is bullish right now.<\/p>\n

\tIn addition to the Chinese equity market, Simmons observes the CRB<\/span> Index, widely used as a proxy for commodities, has been putting doji<\/span> bars on price charts. These technical signals often indicate a pending reversal in trend.<\/p>\n

\tWhile gold is attracting a lot of attention these days, Simmons points out there are two strong major resistance zones at US$1605-1625 and then at US$1665-1695\/oz. If the precious metal (or should that be "currency" ?) manages to break through this resistance, there's already another zone of strong resistance waiting at US$1730-1733\/oz. Initial strategic support is located at US$1575-1580\/oz.<\/p>\n

\tCopper is looking bullish too and it would appear resistance at US$4.42\/lb will be put to a test. On the other hand, a break below 4.20 could seriously damage the bullish structure, Simmons believes.<\/p>\n

\tHis analysis suggests the outlook might have turned bullish for financial stocks in the US.<\/p>\n

\n\tTo view the ATW<\/span><\/span> Strategic Prep Video click HERE<\/a> or visit the FNArena<\/span><\/span> Investors Education section of the website<\/span>.<\/p>\n

\n\tHere's the direct link: http:\/\/www.fnarena.com<\/span>\/index4.cfm<\/span>?type=dsp_front_videos<\/span>&vid<\/span>=48<\/a><\/p>\n

\n\tAll views expressed are Jerry Simmons's, not FNArena's<\/span> (see our disclaimer).<\/p>\n

\n\tJerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme<\/span> within the education system at New York based Advanced Trading Workshop (ATW<\/span>). ATW<\/span> recently set up shop in Australia through the establishment of ATW<\/span> Australia (since mid-2010).<\/p>\n

\n\tFNArena<\/span> is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses<\/span>.<\/p>\n

\n\tThe above mentioned videos can be accessed via the FNArena<\/span> Investor Education section at http:\/\/www.fnarena.com<\/span>\/index4.cfm<\/span>?type=dsp_front_videos<\/span>)<\/p>\n

\n\tAbout ATW<\/span> Australia<\/strong>
\n\tFounded in June 2010, ATW<\/span> Australia is a “one-stop-shop for all a trader needs to succeed”: quality education for new traders, superb advanced trading education, fast unfiltered data, a world-leading trading platform, customer oriented competitive brokerage, quality ‘Made in the USA’ specialized trading computers, trading magazines, and the all-important psychological mentoring and coaching for traders. The trading educational products are provided by the Advanced Trading Workshop, Inc. in New York, all other services are provided by a network of partners that were chosen based on their superior products and services in their specific field of expertise. FNArena<\/span> is one such partner.<\/p>\n

\n\tTo learn more visit www.advancedtradingworkshop.com.au<\/span>.<\/p>\n

\n\tTechnical limitations<\/strong><\/p>\n

\n\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span><\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"