China has 12 cities that has GDP numbers in Singapore’s league. While Singapore GDP growth is doing a stately 1.8%, this Chinese cities are growing in excess of 6%.
I would like to offer one time-tested technical reason why stock indices did not repeat Jan 2016’s global crash like any investors feared last month. By setting up a single moving average line, I make some observations of previous price action for S&P500, Straits Times Index, NASDAQ 100 and NZX 50.
Did you fully understand what you are doing when you trade these 4 stock market Indices NASDAQ 100/Composite, TAIEX/MSCI Taiwan, ASX200 and FTSE China A50?