$BABA
Added 2024-11-03 18:49:37 +0000 UTCTuesday can not come quick enough.
A number of reports have issued now that Chinese Policy makers are due to make and announcement straight after the election if Trump wins on a Fiscal Package, which will be very aggressive in terms of QE.
I do not know what will happen if Harris wins....this hasn't been reported
$BABA is certainly holding waiting for some news and this looks to be it....we just need it to hold above this confluence level until then.
Seems reasonable to expect.
Comments
Yep, fair point.....unlikely Democrats will challenge the result if they Win
Gareth Neary
2024-11-03 19:07:46 +0000 UTCCap, I believe they will announce stim Tuesday and mentioned the stim would eventually be strengthened if Trump wins. That’s my impression from Reuters report. Not sure we will know election results for days/weeks tho. Of source China stated nothing is a lock and they can change direction. Again, my impression from multiple reports.
DK
2024-11-03 19:03:39 +0000 UTC
