TradeVSA Digest Week 8 March 4, 2019
The wave of good news may be coming to an end for the US Market as the US-China Trade War fizzled out. The nuclear talks between US and North Korean were inconclusive but the market has already priced the eventual success. So left, wheres the good news catalyst to lift the global market.
The China stock market is about to start its stock market rally due to US-China trade war possible ending soon. I see a market correction for our local KLSE as we had a good rally Jan-Feb recently.
KLSE Market Update
from last bar was -0.40 %, ( -6.97, RM 1707.73). This market condition is considered to be bullish for index KLCI. KLCI index has strengths in the background in the last 30 bars.
be UP or LIKELY continue to go Higher. Wait for for trend continues @ RM 1732.27 or higher.
SGX Market Update
Straits Times Index
This market is getting more bullish in the longer term.
DJIA Market Update
Dow Jones Industrial Average (DJIA)
On 2019-03-01, US DJIA is trading at 26,026.3 and change %
from last bar was 0.15 %, (+41, 25,985.2). And it’s also 3-Month high. This market condition is considered to be very bullish for stock counter US DJI.
US DJIA is in GREEN HeatZone. This mean it’s trend may still be UP
or LIKELY continue to go Higher. Wait for trend continues @ 26,241.4 or
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