XJO 1.34% 7,971.1 s&p/asx 200

Weekend Charting and Chat - 12th May 2017, page-16

  1. 5,885 Posts.
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    Maybe off topic but for anyone looking for a trend to follow, here are some possibilities:
    • China jumped on Friday due to govt stimulus, so it might be the start of a big trend like DAX in January 2015 with the ECB stimulus.
    • DAX is in an uptrend due to being undervalued relative to the US, with HML boss predicting solid move by end of year.
    • India is in an uptrend with Morgan Stanley predicting up to 30% move by end of year.
    • Oil might start trending up in Q3 and Q4, which are high demand quarters.
    • GBP is being predicted to be the best currency by HML boss.
    Last edited by LeeKing: 14/05/17
 
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