Its very easy to read research papers from Wall Street firms or hear money managers on CNBC tout that the real growth story continues to lie in the “Emerging Markets” arena. They may be correct in the longer-term, yet the Power of the Pattern reflected that bearish rising wedges were taking place all around the world [...]
The 6-pack below reflects DIFFERENT MARKETS from around the world….yet they very much have LOOK ALIKE PATTERNS! CLICK ON CHART TO ENLARGE This 6-pack is a great reflection of how correlated the worlds markets have become. Some of the markets are on opposite sides of the planet, yet their patterns/resistance lines look very much the same. [...]
CLICK ON CHART TO ENLARGE BRIC ETF’s are doing well of late. Good to see several ETF’s in the arena acting well! The “Power of the Pattern” suggested we could find relative performance strength in this area and so far the price action and performance has been good! Game Plan…Own Thailand (THD) with a 5% [...]
I created the index below by dividing EEM by EFA. (This is not an index you can look up) See chart for more thoughts and details! CLICK ON CHART TO ENLARGE This composite gives very few macro buy/sell signals, suggesting risk is greater or lesser. At (1) in the above chart is the first suggestion [...]
I posted a quiz on 11/11, asking what would you do with the chart below (see post here) Actually the chart was the U.S. Dollar, turned UPSIDE down. At that time roughly 5% of investors were bullish the Dollar and the Dollar was testing STRONG SUPPORT! CLICK ON CHART TO ENLARGE Since the first of [...]
Developed and maintained by Skylight Sites
Recent Comments