Checking thru some numbers and info, China seems to be...

Checking thru some numbers and info, China seems to be successfully deflating property, it spiked last month and could be settling back to longer term trends. One of reasons why US bond market spiked last week, funds weren't interested in Europe, China and Oil, or global equities, so went to US bonds/Gold which could have been reason for the inverted index linked trades to hammer the markets last Thursday which then led to a feedback loop sell off. Keeping carefull track of iron ore/coal/copper, they have retraced only few percent in last couple weeks, and expect them to only weaken a smidgen more as info suggests the larger picture of full economic recovery is still intact.

Current Shang chart looks very much like Dow from 1929 to late 1930s or early 1940s (two possibilities), and NasDaq 2001-now but compressed in time, if so then a low should be in pretty soon. If AGF should scale to China markets, then its already oversold, but technically a bounce off last years lows looks likely. Have top up order down near 61 in case.