This is a monthly series of intra-day charts for S&P 500 (SPX) and Shanghai Index (SSEC) for Jan. 2012.
SPX
SSEC
Monday, January 30, 2012
Wednesday, January 11, 2012
Short Covering on China stocks while Baltic Dry Slump
Massive shorts covering are happening on New York listed China stocks today, following 2 day strong bottom fishing rally on Shanghai Index. Indicating the tipping point of Chinese monetary policy turning from tightening to easing has very likely happened. At the same time, Baltic Dry Index continues to slump to historical low levels.
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