BULL VS BEAR
*In this month of September, many analyst will be saying that we are heading into the BEAR MARKET. Investors will be thinking psychologically that the month of September is not a good month. But do know that things that 90% of the people know are the things that most likely will not occur.
*Looking at all of the World Stock Market Indexes, Most of the indexes are currently supporting at their Longterm Support ever since March 09'.
*It is important and critical for all the indexes to support strongly at their Long Term Support.
*I will be expecting a BULL RUN in the US stock market in the month of September.
*If most of the world stock market indexes break their longterm supports, we will be having another "correction" but not "bear market". Think about the Long Run and not Shot Run!
HANGSENG DAILY CHART(EMA50DAYS)
*HANGSENG strong support at EMA50days since March 09'. Currently it is rebounding from it's EMA50days support. MACD forming a round bottom now is important as the Momentum is already showing signs of positives movement. If there are no surprise news in the markets, HANGSENG will most likely rally again in the month of September. Focus on it's supports and resistances.
SHANGHAI MONTHLY CHART(BOLLINGER BAND)
*SHANGAI Stock Market tumbles from 3475 points to 2641 points eversince August.
*Monthly Chart is strongly showing SHANGHAI's critical support at the Bollinger Band Center Band Support. As long SHANGHAI is supporting at this position, BULL RUN all the way!
*$* In order for SHANGHAI to stay strong in the BULL MARKET, SHANGHAI must not break below the Bollinger Band Center Band Support.
SHANGHAI WEEKLY CHART(EMA50DAYS)
*Weekly Chart here is just showing how SHANGHAI is supporting at it's EMA50days strong support since April 09'.
*Weekly Chart MACD and MOMENTUM are both showing negative signs here. But this is just a market correction not Bear Run!
*SHANGHAI market can not afford to drop further more. Therefore I'll be expecting SHANGHAI market to either rally in the month of September or move sideways in the market.
SHANGHAI DAILY CHART(EMA31DAYS,EMA90DAYS,EMA200DAYS)
*DAILY CHART is showing by applying EMA31days,EMA90days, and EMA200days we can see how SHANGHAI latest BIG market correction had actually broke all these 3 supports.
*MAIN FOCUS on the EMA200days. Index below EMA200days = BEAR MARKET, Index above EMA200days = BULL MARKET. Therefore we can see that as SHANGHAI BROKE it's EMA200days Support, in less than 1week it must close back above EMA200days in order to maintain their BULL MARKET. This is exactly what is happening to SHANGHAI Stock MARKET now.
*SHANGHAI MACD Big Round Bottom is showing a good sign of rebound in this month of September.
DJIA DAILY CHART(EMA31,90,200DAYS)
*DJIA is currently supporting at it's EMA31days. Monday US market will close as they celebrate labor day. But after this long weekend holidays, Fund Managers will be expected to come back for work again. I'm expecting DJIA to start rally next week.
*If EMA31days can not support, We will be looking at DJIA EMA200days Critical Support. Remember all indexes and counters must stay above their EMA200days in order to maintain their BULL RUN!
DJIA DAILY CHART
*DJIA Trendline Support at 9300points. An important support that DJIA can not break below.DJIA WEEKLY CHART
*DJIA WEEKLY CHART is currently showing DJIA is at it's Resistant. It's either DJIA break it's Resistant or having another Market Correction.
DJIA MONTHLY CHART
(DJIA MONTHLY CHART showing DJIA is at it's Resistant. But however DJIA MONTHLY CHART MACD has Golden Cross. Is this the start of BULL RUN for DJIA?)
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