Global Equity Markets : Reason to worry.

Risk is increasing and in our view a major change in trend should occur over the next few weeks. The exact timing is anyone’s guess, but from the charts – be them US Indices or emerging markets, the readings are similar and a correction of quite some force will play out during late Q2 and in to Q3.

The Thai market will follow, but may be given an extra few weeks of respite due to the election.

This is not the time to buy for anything more than quick trading punts, and indeed those heavily long should consider taking profits and cutting back exposure.

The time to get on the short side is coming, and already there is some markets.

Check your TFEX account and make sure you’re ready for a multi-week short.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: