The Ongoing Secular Bull Market in Asia, Emerging Markets and Commodities with Mark Galasiewski
October 3, 2021
The Asia Pacific Summit, presented by CMT Association, brings together top global and regional practitioners from both buy and sell side communities. Over two knowledge-packed days, attendees will learn from a mix of unique perspectives on major themes and innovative technical techniques.
Elliott Wave International’s analysis shows that Asia, emerging markets and commodities began multi-year, five-wave advances at the March 2020 lows. An exception is the Shanghai Composite, which continues to trace out a contracting triangle from its 2007 high. The negative mood trend driving the contracting triangle has inspired China’s crackdown on its most successful companies and individuals in recent years. In contrast, the positive social mood trend in India has caused stock prices to advance impulsively and inspired laissez-faire policy changes that will ultimately create jobs and wealth. Other markets in the Asian-Pacific, Latin America and emerging EMEA will also rise impulsively for several years along with commodities.