Monday, February 2, 2015

3 equal Elliot Wave scenarios of S&P500 (SPX) 2-3-2015



 All 3 scenarios above simplify the extension of US markets especially S&P500 (SPX). Out former guess having Sept 2014 the peak of Primary Wave III was invalidated when we made new highs last Nov-Dec 2014.

These 3 scenarios suggest that US market is extending.

And there is 1 scenario of master Tony C. indicating that Primary III could ended and having Major A at new highs, but not thinking of it as of now since I am staying the basic rules of EW.

Thanks and lets see what happens soon.




HK market snapshot and fund performance 2-3-2015



Sunday, February 1, 2015

CAD: Canadian Dollar, returning 10yr high against dollar, 10yr low also for PHP 2-2-2015






For those who has plans to go to Canada, this currency is at 10yr low against PHP and looking forward to hit its 10yr high return against USD.

The plunge was also due to strengthening dollar and Canada rate cut.

PSEi: snapshot since 2013 bottom 2-2-2015