Shorting China with YANG

[KCalhoun]

https://www.cnbc.com/2022/04/11/asi...on-data-covid-in-shanghai-currencies-oil.html

If China shows continued weakness I'll swing trade YANG.

https://www.cnbc.com/quotes/YANG

I'll pair-trade YINN/YANG intraday. eg flip back and forth on reversals.

 

[maxinger]

or you can trade

MSCI China A50 Connect Index futures from HKFE or
FTSE China A50 index futures from SGX.

 

[S2007S]

I will jump into YINN if it drops another 50% though.

I own YANG but a small amount. That drop from 40+ to the teens was epic.

 

[KCalhoun]

tru re yang drop, just bot a bit of yang here premkt, will hedge w/yinn if bounces, will cover in free live room today

 

[jys78]

Yang Gang?

 

[GotherL]

IDK BABA looking like a bounce setup to me.

 

[S2007S]

IDK BABA looking like a bounce setup to me.

I'm bearish as usual and I even think not only baba bounces but the rest of the Market as well. Market is looking a bit oversold. The trend is lower, a lot lower but I think the market is setting up for a bounce.

 

[murray t turtle]

tru re yang drop, just bot a bit of yang here premkt, will hedge w/yinn if bounces, will cover in free live room today

%%
YANG has had some good uptrends/123% ytd gain on the $40s week + spikes
I dont mind those YANG profit spikes /LOL; but i seldom put up with lower mo lows in an uptrend unless its TQQQ or SQQQ..For a swing /position trader\ lower monthly low is not a good uptrend. but good weekly YANG uptrend =>5.1% Wider bid/ask spread on yang, no problem; SPY is the liquidity leader.............................................................

 

[nitrene]

Remember YINN & YANG is leveraged to the FXI (Hang Sang) and not the mainland China stocks. For shorting YANG is good but for going long the indices maxinger stated are better. Or you could buy calls on ASHR or MCHI.

MCHI was up 21% in one day on 3/16/22. YANG was down 64% on the same day. So if you are in YANG and the CCP announces stimulative measures you could be wiped out if the index goes up 34%.