Updated Technicals of Development Bank of Singapore (DBS):
10 September 2018, Friday, 11.01am Singapore Time
(Click on Technical Chart above to Expand)
Attached is the updated Technicals for Development Bank of Singapore (DBS).
All Technicals are illustrated, self-explained and elaborated on the chart itself.
Note that I had been concurrently shorts on China and my China shorts as hedges are all green and in the money (with profits). China shorts are acting as short term hedges for long term uptrend of worldwide markets. My view is still not changed despite Trump administration pushing out another batch of tariff on China -- we are still in Super-Cycle Bull Market, and I do not see any Bear Market coming. The forecast for the economic cycle is still not derailed: we are in the mid-point of a worldwide Super-cycle Bull Market -- 2008-2018 is the first half, 2018 is shakeout at midpoint, and 2018-2028 is the second half of Super-cycle Bull where majority gains are made.
All Technicals are illustrated, self-explained and elaborated on the chart itself.
Note that I had been concurrently shorts on China and my China shorts as hedges are all green and in the money (with profits). China shorts are acting as short term hedges for long term uptrend of worldwide markets. My view is still not changed despite Trump administration pushing out another batch of tariff on China -- we are still in Super-Cycle Bull Market, and I do not see any Bear Market coming. The forecast for the economic cycle is still not derailed: we are in the mid-point of a worldwide Super-cycle Bull Market -- 2008-2018 is the first half, 2018 is shakeout at midpoint, and 2018-2028 is the second half of Super-cycle Bull where majority gains are made.
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