A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.
A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.
MOTHER OF ALL SUPPORTS
“Calling for market bottom game?”
- Global major indices at/will need to hit their mother of all support. A breakdown below this level will bring a repeat of Year 2018 market doom performance.
- Global indices will need to maintain above their respective mother of all support by the end month of May 2019
- Indices that have broken down below their mother of all support will too need to find themselves back up this level.
U.S DJIA 5 Hours
FTSE China A50 5 Hours
HK Hang Seng 5 Hours
Shanghai Composite 5 Hours
Japan Nikkei 5 Hours
Singapore Straits Times 5 Hours
Thailand SET 5 Hours
Philippines PSEI 5 Hours
Indonesia Jakarta 5 Hours
Malaysia FBMKLCI 5 Hours
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