Musings about Life and Investments

I've been checking the charts of most of the major indices and stocks that I follow. It appears that many emerging market indices and stocks have the weekly charts turning positive in the MACD. However, the monthly charts are still negative. This means that there's a high probability that we will see a rally lasting one to three months, with upside of 5 to 15% before we see another leg down. Therefore this rebound, that started in January 2019, is likely to last till March. The European index is not far away. It is at neutral in the mid term. We may also see a rally. The S&P500 has the most downside and we could see a similar rally before slamming down. I believe we have seen the bottom of EM and Asia x Japan indices. There may be another leg down but it may not be a lower low! Huge revelations. For Europe, we may see another leg down but we may break below the last low. For S&P500, it's the worst. It is likely to see a further 10 - 15% leg down. The indices

This is a very good video on whether the bear market will continue. There is so much resistance at the top, for S&P500, at 2600 to 2680, there are so many people waiting to sell, that I fear this is merely a bear trap. Hence, I suggest for those of you holding on to stocks or funds in profit, “if you wish to sell anything, if the S&P500 rises another 3 to 6%, you should sell”. The more the stock markets fall, the happier I am because it means the sellers will eventually be gone. You need a good crash for wealth to transfer from one person to another. The wheels of fortune turns…. This is a very good video. I strongly encourage you to watch this. https://youtu.be/CUTD4kV4iLE