Sunday, December 29, 2024

The Shanghai-Shenzhen CSI 300 Stock Index Looks Manipulated

The CSI 300 Index is up ten points today.

From TradingView:

SSE_DLY:000300 Chart Image

Though how one would manipulate an index that broadly based, with so many megacap components, I don't know. It would be a challenge.

It's not like buying futures on the 20-component XMI on October 20, 1987, forcing the futures market makers to hedge their exposure by buying equities, and thus saving the entire financial system and possibly Western civilization. No, it's not as easy as that so how is the CSI 300 being levitated?