My Trading Adventure

Market Divergence

CP TEH
Publish date: Sun, 02 Nov 2014, 06:57 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message




Rising wedge and divergence.



Yesterday, I went to SC ... the speaker were BULLISH in stock-markets ... and so, there you are .. we are going to be in another leg of BULL RALLY. Hmm... 1900 ... hmm... 2000? Just merely 3-4 weeks ago, everyone is yelling bearish .. bear-rally ... or even crash?

We shall see if the experts predictions are right. BULL = BUY?

One interesting note I could share here is ... the speaker shown GDP- MSCI divergence!!

Gold/Silver is at low level ... CPO is recovering after Mistry talked about it. USD is going higher due to abandoned QE(Queen Elizabeth ... haha). Interest rate will stay low ... so, equity markets will be in BULLISH mode.

Prepare for new high in KLCI ... but, yes ... market SHARP correction is on the way, according to Mike.

TEH
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