Are Global Stock Markets About To Rally 10 Percent?
ARE GLOBAL STOCK MARKETS ABOUT TO RALLY 10 PERCENT? January 14, 2019 Technical Traders Ltd. is issuing new analysis which indicates the US and global markets may be poised for a dramatic upside price swing over the next couple months. Recent events have driven asset class values to new valuations that may change the dynamics of markets for a few months. Prior to August/September 2018, many traders were fearful of the expectations of the US Federal Reserve, Global Trade Issues and the US Elections. Combine this with the end of the year liquidity issues and the threat of a US government shutdown over the wall funding and we have almost a perfect storm brewing for uncertainty and fear. Now, it appears, our custom global market indexes are showing signs that a bottom may have formed over the past few weeks and that the global equities markets may be poised for an upside move in the range of +10% to +20% over the next 2-4 months. “What changed over the past month?”, you might be asking? Valuation levels have changed. The chart below is a Weekly chart of our Custom Smart Cash index. We use this as a measure of global equity market valuation and to determine if and when pricing levels are changing in terms of total market capitalization. We can see from early 2018, the global markets peaked and began to move lower. Even though the US markets pushed higher throughout this time, the total global markets continued to … Continue reading →
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