At the start of this year, EWI's Asian-Pacific Financial Forecast pointed to a trendline break in Bangladesh’s Dhaka General Index and said it was probably the first of many such events that would unfold in 2011 throughout Asia.
The May issue added other emerging Asian bull markets that were likely to fall next.
Just as forecast, one by one the region’s dominoes have continued to topple this year. China's Shanghai Composite has even fallen below its multi-year uptrend line.
Are these simply pauses within Asia's bull markets, or has the trend reversed for good?
In the October 2011 issue:
Japan: The recent behavior of Japan’s bank stocks is a most interesting technical development in the Japanese market. The TOPIX Banks Index topped in 2006 and has led the market down ever since. But the momentum of the decline has recently diverged from the price decline, as it did prior to the 2003 low. Now, October 2011 Asian-Pacific Financial Forecast tells you what this means for the trend and shows you the latest Elliott wave count for the NIKKEI and TOPIX.
Australia: The ASX All Ords held above its August lows, while the ASX Small Ords and the large-cap index fell to new lows in September. Here at EWI, we often say that "a fractured market is an unhealthy market." Get the full details in the "Australia" section -- as well as our socionomic take on the international award recently received by Australia’s Treasurer, Wayne Swan.
China: The Shanghai Composite closed Q3 below its long-term uptrend line since 1990. October Asian-Pacific Financial Forecast explains why it's worth treating this development -- as well as at least 5 other indicators, including the Elliott wave picture -- with respect.
Indian stocks topped in November 2010. The decline appears so far shallow, in terms of price, and there is a clear Fibonacci-derived price target where prices are likely to find a bottom. Find out more in the "Turkey & India" section.
Socionomic Insight -- Turkey: Why the Sudden Swagger? Turkey is increasingly talking tough -- and the long-term chart of the Istanbul Stock Exchange National 100 explains why. Read the socionomic explanation of Turkey's newly-found confidence, starting with a description of its recent behavior, and get our forecast for how long it may last.
PLUS: You also get latest forecasts for Hong Kong, Singapore, Korea and Taiwan. Tap into these insights now via a RISK-FREE subscription to The Asian-Pacific Financial Forecast Service. (You also get instant access to the still-valuable September 2011 issue.)