CHINAX Negative Gap Puts Support In Play

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CHINAX Negative Gap Puts Support In Play

Research preview

Index Opening Gap CHINAX Trading Desk Read CHINAX (Chinese stocks: Rise of a Superpower) opened with a measurable gap of -2.13%. The first read is whether that gap becomes accepted by intraday price action or fades back toward the prior close. CHINAX is near 70.16, with the session open at 70.16, previous close near 71.68, and the active daily change at -2.13%. A stronger investor-grade setup needs the M15 chart to agree with the daily structure, while the weekly chart defines whether the move is only a session adjustment or a broader allocation signal. Event type Opening gap Current model Strong Sell Previous model Neutral Last 70.16 Open 70.16 Previous...

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