Thursday, January 30, 2014

The stock market - Asia will continue to outperform Latin America

The stock market of Asia xJapan has been outperforming Latin America the last few years as we predicted back in 2010 when the Ratio broke out of a bullish wedge.

Source: Elliott Wave Technician. Click on the above image to get a larger picture.

We expect Asia to continue to outperform Latin America over the next year or so until the Ratio reach our target of 1.5 which represent solid resistance.

Geir Solem

Elliott Wave Technician
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