TradeVSA Digest Week 17 Sept 16, 2019
Market to Rally until Trump tweets, “I‘m going to show China who’s the Boss!”
No change of attitude between Trump and Xi as they “talked” about resolving the US-China trade war issues. One day we sit and talked and another, we disagreed. With this form of trade resolution, I believe it will be another 6-9 months. Going forward, US interest is deemed to be lower as Trump demand in his tweet as “Zero, please !”. Its a fact that when economic policy meets political reality, we have an economic mishandling. Decisions made by politicians reflect costs, rewards and potential consequences to the economic transaction. Many of them unfavorable to economic reality but populist to their voters. Everyone knowledgeable will tell you this will end up not good in the long run. In this eDigest issue, I accompanied a special eBook by Adam Smith, a classic masterpiece “Wealth of Nation”.
KLSE Market Update
Bursa Malaysia KLCI Index
Stock Bullish Ratings: 60 %, KLCI (KLCI)
KLCI last close (13 Sep 2019) was RM 1601.25, +0.250 (+0.01%).This market condition is considered to be KLCI has weaknesses in the background in the last 30 bars. KLCI Pentagon Guider is blue trendzone, Bullish. As a guideline, please EXIT or Think to sell when counter KLCI is trading below ATR Stop loss. KLCI now trades ABOVE ATR Stop Loss.The probability of next few bars uptrend: 63%. Wait for Pentagon Guider to turn Red to Sell!
SGX Market Update
DJIA Market Update
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