Analog Correct Again, ChiNext Tumbles 7%

If the analog stays on target, ChiNext will be down nearly 50% by next July.

If the analog holds, I predict the IMF will add the yuan to the SDR basket in November and stocks will rally into early December on the news. The yuan will then be allowed to depreciate, perhaps due to American insistence that the yuan be allowed to float more as a condition for acceptance into the SDR basket.

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