Observations: First from the left, Asian Financial Crisis Tech Bubble; incidentally this bottom coincides with outbreak of SARS Great Financial Crisis, Subprime Crisis, Lehman Brothers… If history repeats, this current one is going to be one of those in the 50-60% range of correction Top
Out of 30 Straits Times Index constituent stocks, 16 are now printing new 52-week lows (white font in gray box). Year to date, 28 are now in the red. Based on fund flow data, institutions are net sellers of local banks which are down 11
Seeds of today’s crash could be found last week. Table legend: Column C shows 2019 52-week high Column D shows 2019 52-week low This week is Week 11 of 2020 Fund flow data comes from SGX; Week of 02 March 2020 is show on column
DXY is right at resistance. Rate hikes are behind us. The Fed is going to cut starting today, as many as 7 times by April next year. Is this the turning point for DXY?
XAUUSD is coming ever closer to a bullish reversal and a new high that gold bulls are betting on. Technical indications observed here.