china still chanelling

China has been a concern of mine for some time as it is possible that the internal goals of population movement and infrastructure spending are greater than it can sustain.

The narrowing range of the channel would suggest a decision about direction is likely within the next two weeks.

Another concern is that there have been three consecutive lower highs since the major high of the period, if it cannot break to the upside shortly, the risk of a reversal is greater.

Start the printing presses, Ready, Set, G....



ifandwhen