Tuesday, 27 July 2010

Strength In Asset Markets Likely Over Soon

The forecast made in the beginning of July, of a multi-week, 7-8% bounce in risk and related assets, has come to pass.

I believe that this strength is likely to be over soon, with a potential for sustained weakness beyond June/July lows.

Below is a daily chart of the FTSE100 index (London). For various reasons, I believe this chart to offer one of the cleanest "counts", where the most plausible outcome is sustained weakness from current levels.

9 comments:

劉隆季劉隆季 said...

真正仁慈的人,會忘記他們做過的善行,他們全心投入現在的工作,過去的事已被遺忘。..................................................

李v吳俊其彥柏 said...

我的痛苦會停止,但求我的心能征服它。................................................

王李慧萍政勳 said...

Learning makes a good man better and ill man worse.............................................................

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峻胡邦慧v帆 said...

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廷家祥家祥雯 said...

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王雅俊 said...

從來愛都不知它的深度,非得等到別離的時候.....................................................................