During the afternoon yesterday we got a substantial rally in Chinese stock markets after the morning plunge.
I was thinking out loud yesterday that the market was unlikely to be allowed to have a loss during the national People's Congress, market drops during the Congress being a bad look etc.
And sure enough ... a big rally for a positive close!
I've drawn a helpful arrow in case you have trouble spotting the rally ;-)
So, this morning in China, same thing so far, a big plunge.
Will we get a big rally in the afternoon to bring us back to positive? I'm voting 'yes we will'
And is it intervention or am I being all conspiracy theorist? - comments welcome!
