Has the Chinese Stock Market Bottomed? See This Technical Analysis of CSI 300.

• Today, China cut the time inbound visitors have to stay in quarantine from 3 weeks to 10 days. This sign of easing is positive for the Chinese stock market
• The CSI 300 index is one of China’s most watched stock market indices. It follows 300 large and medium-sized stocks in Shanghai and Shenzhen
• The chinese stock market index was down nearly 37% from its all-time-high (ATH) on Feb 2021 to its recent low on April 2022, and is now just over 24% down from the ATH
• The CSI 300 chart shows strong and persistent buying pressure in the last 5 trading weeks, supporting the notion that the Chinese stock market bottomed on 27 April, which is a good candidate for the low of the year
• The following video presents a bullish  technical analysis  of the Chinese  stock market  as represented by the CSI 300 index

Trade CSI 300 or any other Chinese stock at your own risk.