Wednesday, 17 October 2018
Schroder AsiaPacific ETF/Fund reflecting Equity Markets of Asia-Pacific: 17 October 2018, Wednesday, 12.27am Singapore Time
17 October 2018, Wednesday, 12.27am Singapore Time
(Click on Technical Chart above to Expand)
Attached is the Technicals of Schroder AsiaPacific ETF/Fund reflecting Equity Markets of Asia-Pacific. The Schroder AsiaPacific Fund is used as a litmus benchmark here. It tallies with all the technical triangulation for Asia Equity Market charts. The orange illustration is the calculation and projection for end of correction for Asia/Asia-Pacific. The price satisfaction has been achieved now. We are now at end of correction phase (Oct/Nov 2018) for Asia/Asia-Pacific -- the bottoming out phase for the mid-term correction. The green circled regions are where mid-term corrections yield super rallies of a significant scale. We are now at this 3rd green circled zone. High yielding up-wave can now be expected, at a time when the 95% herd are bearish with conviction and expecting a recession or bear markets due to the "trade war". Market will outsmart the market majority who tries to outsmart the market. More new highs can now be expected in 2019.