reflecting the stocks market of Thailand.
+ As indicated above, the Big Hands, Smart Monies and Market-movers made use of 2013 to unload stealthily Emerging Markets.
+ There was a very huge capital flight out of Thailand Stocks Market in 2013 as indicated above, even before the political turmoil in Thailand took place (Smart Money really SMART indeed).
+ There is no fear yet in Thailand Stocks Market, suggesting the current mark-down stage is healthy.
+ Compared to its Emerging Market Peers in ASEAN, Thailand is a leader in the sell-off phase.
+ The SET triangulates the Emerging Markets' Price Structures of Indonesia and Philippines:
+ ASEAN and Emerging Economies were potrayed in 2013 by mainstream media, public analysts, economists, everyone professional etc to be high growth for 2013 and 2014; all of them would be proven wrong as per how history always repeats and never fails to repeat. The fact is 95% loses.
+ While everyone bought on rosy outlook, they were sold all these pretty roses at pretty rosy prices. There is no better time for Smart Money to unload while everyone buys the rosy outlook. No better time than that to exit in 2013 out of everyone's expectation.
+ 2014 will not be a good year for stocks as per warned during end of 2013.
+ There is a very high chance many financial markets worldwide already had a huge capital flight out in 2013 while you were busy buying away on rosy outlook. Also warned based on my pointing out of all dark clouds forming during end of 2013.
Chart courtesy of Chartnexus.com
+ Chart 2 is self-explanatory. So I would not delve into it.
+ Immediate Target is shown by RED CIRCLE above.
Related (Emerging Markets):
Indonesia Market: http://donovan-ang.blogspot.sg/2014/01/indonesia-jakarta-stock-exchange.html
Philippines Market: http://donovan-ang.blogspot.sg/2014/01/philippines-psei-index-26-january-2014.html
Singapore Market: http://donovan-ang.blogspot.sg/2014/01/msci-singapore-index-simsci-10-january.html
Malaysia Market: http://donovan-ang.blogspot.sg/2014/01/malaysia-klci-index-6-january-2014.html
Hong Kong Market: http://donovan-ang.blogspot.sg/search/label/Hang%20Seng%20Index
India Market: http://donovan-ang.blogspot.sg/2014/01/india-nifty-index-10-january-2014.html
Other Recent Analysis For Comprehensive View (Mature Markets):
Spain IBEX Index: http://donovan-ang.blogspot.sg/search/label/IBEX
France CAC40 Index: http://donovan-ang.blogspot.sg/search/label/CAC40%20Index
Euro STOXX 50: http://donovan-ang.blogspot.sg/2013/12/europe-stoxx-50-index-2-december-2013.html
Australia ASX All Ord Index: http://donovan-ang.blogspot.sg/2013/12/australia-asx-all-ord-index-2-december.html