Since last December, I was expecting that the core index (000300) might get to level close to 4000, in which scenario I would consider the market is strong enough for momentum investing. Unfortunately, the market didn’t get there yet.
The core index is not crashing, neither it is hiking. It’s ranging between 3800 – 4000. Comparatively, H11164 is performing stronger, which is obviously running in momentum. I’m still expecting that 000300 would get strong in next 2 weeks.
ichihedge 