EWS, the iShares Singapore Index ETF shows a pattern against which bears stand in denial, at least technically. While I have no interest in broad investment in the US (possible niche manufacturing and technology areas aside) and while a meltdown in the US would certainly have effects the world over, this center of finance and commerce in ascending Asia is worth a look.
And look at it we shall in NFTRH112, which is going to go easy on the TA and theory and look at a few investment opportunities in the event that the current favored plan - bullish into an intermediate bearish - plays out. With SPX holding our critical 1175 level thus far, it looks like we remain on track.
NFTRH112 will also look at a sensible mutual fund theoretically for all seasons, a Uranium focused ETF fund that finally exhibits the characteristics that I am personally looking for, and a few other things that I find relevant for the times.
Okay, happy Thanksgiving folks. We got a lot to be thankful for.
An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
