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Friday, September 21, 2018
MTU Weekend Ed. - New High (9/21/18)
[Green]To count an impulse wave from the April (or May low), one needs to overlook several three-wave structures.
[Red] To count an corrective wave from those lows, one needs to put up with the new ATH.
Nice Fantastic information !!! I'll be enchanted to greatly help in trading, I've learns from here.I like the quality of your blog. KLSE Malaysia stocks
One aspect relevant to out technical EW count particularly the LT one is the fact that the stk bull market that started in 1982 began with the peak of LT US Int rates in 1981 and declined so far until 2016 and now appear to be breaking the downtrend.
I would ask the question can this stk mkt really continue to rise when rates rise given the mountain of consumer, sovereign and business debt there is ? Rate rises will eventually reduce consumer spending, deter investment as business sales stagnate and fall and create problems for Govt budgets and spending. The inflation aspect in the economy also interplay.
We have what looks like 5 main waves up from the 1982 low, and the 2009 low. Despite some cycle experts and wave gurus predictions of a more powerful uptrend coming in future years will the std observed EW rules apply and this mkt end its MT uptrend ?
Nice Fantastic information !!! I'll be enchanted to greatly help in trading, I've learns from here.I like the quality of your blog.
ReplyDeleteKLSE Malaysia stocks
OVERVIEW - FUNDAMENTALS
ReplyDeleteOne aspect relevant to out technical EW count particularly the LT one is the fact that the stk bull market that started in 1982 began with the peak of LT US Int rates in 1981 and declined so far until 2016 and now appear to be breaking the downtrend.
I would ask the question can this stk mkt really continue to rise when rates rise given the mountain of consumer, sovereign and business debt there is ? Rate rises will eventually reduce consumer spending, deter investment as business sales stagnate and fall and create problems for Govt budgets and spending. The inflation aspect in the economy also interplay.
We have what looks like 5 main waves up from the 1982 low, and the 2009 low. Despite some cycle experts and wave gurus predictions of a more powerful uptrend coming in future years will the std observed EW rules apply and this mkt end its MT uptrend ?