Schhh — Shanghai Soaring

Schhh - Shanghai soaring

The Shanghai composite keeps ripping, extending the melt-up. Remarkably, the latest China bull is still barely on the radar (for more see here and here). Even a push toward trend-channel highs implies meaningful upside from here. Yes, RSI is stretched, but overbought has a habit of staying overbought much longer than consensus dares to imagine.