In the end we will just do what we began with: We will look at price. Only that. Nothing else.
Nobody on earth knows what is really going on in China rega ding the impact of their central bank regarding the markets. See, even the FED lies to the public, so how should we trust the figures of a totalitarian communist nazi state??? I say: The figures from China are all made up, more or less. Given that, how can we then figure out which impact the liqui from China has for the worldwide available liquidity pool? Nobody knows, not even the FED or the government, not even the CIA. So: How should WE know? Answer: We do NOT know.
There is no holy grail. We thought we found it, vut we have not. In trading you have 2 choices: You are either IN or OUT. Should I buy in march 2003 or not? There is no IF that and that yada dada... In Oct 2017 the closing price of the S&P was 2575. Right now we are at 2775. That means: We were WRONG. Everything else is just a search for excuses.
Good thing is: Maybe we will be right 12 months from now. 😂