EEM, HSI, SiMSCI and China A50 are showing remarkable strong correlation since Jan 2015. In meantime, futures performance indicates, long gold, short NZDJPY, short WTI to be right direction ytd.
We encountered a rollover matter with our friendly broker regarding China50. They have promised to look into. In meantime, some information available here. *Latest update* posted 02 Feb 2016.
It is easy to look at Straits Times Index from 2009 – early 2015 and think that the stock market was rosy when entire sectors like these 4 were moribund.
Dow Jones Transportation Average proves once again that it is a leading indicator and canary in the coal mine for Dow Jones Industrial Average.
Shanghai Composite SSEC breaks significant trend line. The index is now on to test 2850 which is a more prominent likely support.
Investments choices to consider for bullish view of crude oil. A list of ETFs or Exchange Traded Funds is include. Also highlighted factors to consider.
Based on wave pattern, Straits Times Index, Hang Seng Index enters new selling phase by penetrating Aug low. Expect deep correction not unlike past crises.