China CSI300 & $HSI Futures - Making the Case for a Second Rally Leg
China CSI300 & $HSI(HSI)$ Futures - Making the Case for a Second Rally Leg
The top seven 1-month gainers among ETF indices are primarily driven by the initial rally in Chinese stocks (5 out of 7);
1. $Valkyrie Bitcoin Miners ETF(WGMI)$ (Bitcoin Miners) +27.6%
2. $Global X China Consumer ETF(CHIQ)$ (China Consumer Discretionary) +20.4%
3. $X-trackers Harvest CSI 300 China A-Shares Fund(ASHR)$ (China CSI300 A Shares) +20.1%
4. $KraneShares CSI China Internet ETF(KWEB)$ (China Internet) +18.8%
5. $SPDR S&P China ETF(GXC)$ (China SPDR S&P) +17.6%
6. $iShares China Large-Cap ETF(FXI)$ (China Large Cap) +16.9%
7. $Global X Uranium ETF(URA)$ (Global X Uranium) +16.9%
Reviewing 24-hour futures and ETF price action provides a solid foundation for building your short-term watchlist in the near term.
Significant stock rallies rarely occur in isolation without a fundamental catalyst. When an entire group or sector is gaining momentum, having your watchlist ready is crucial to enhance the quality of your execution.
Image
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
