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Asia-Pacific Stocks: Great Expectations
Inside EWI's November 2012 Asian-Pacific Financial Forecast...

By Vadim Pokhlebkin
Fri, 02 Nov 2012 17:15:00 ET
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As November begins, the Asian-Pacific region stands at an interesting Elliott wave juncture.

It offers a broad range of stock price patterns, thus a broad range of expectations:
 
  • On the one hand, already-bullish trends in Southeast Asian should continue higher, well above their 2010 and 2011 highs.
  • On the other hand, other regional markets are already at their 2010 and 2011 highs.
  • Still others need further declines before they reach an intermediate-term low. 
Discover all the details in the November 2012 Asian-Pacific Financial Forecast:
 
AUSTRALIA: The ASX All Ordinaries has been progressing in one particular Elliott wave pattern that you don't want to miss. The November issue gives you the details.
 
INDIA: The Nifty and the SENSEX are moving in a series of "ones" and "twos" -- an Elliott wave progression that always precedes the most explosive move of all. Our latest charts reveal which direction this move will likely takes.
 
CHINA: The Shanghai Composite has reached the upper line of its long-term declining trend channel. Will the next big move breakout above that line? Or will the trendline serve as a resistance again? Once you see our chart of China's larger-degree Elliott wave pattern, the answer will become clear.
 
HONG KONG & SINGAPORE: The Hang Seng and Straits Times Indexes both face potential resistance from the trend lines down from their 2007 highs. If they clear those hurdles, the odds of further gains will improve. The November 2012 Asian-Pacific Financial Forecast explains more.
 
IN DETAIL:HONG KONG REAL ESTATE:Hong Kong has just initiated a 15% tax on property purchased by foreigners. The Hang Seng Property Index sold off 4.4% afterwards -- but you need to see our charts of the FTSE Straits Times Real Estate Index to understand why the Hong Kong government’s intervention will most likely fail.
 
JAPAN: The Nikkei 225 has continued to consolidate. Yet we saw last month how the TOPIX Information & Communication Index had rocketed up from its June low. Get our views on why the NIKKEI 225 could be next.
 
KOREA: KOSPI's decline off its September high looks like a smaller version of its decline from March to July 2012: Both are fifth-wave impulses ending on momentum divergences. This has immediate implications for the next move -- and it should be a strong one.
 
TAIWAN: The Taiwan Index fell below the key support level we indicated last month. In doing so, it became more oversold than at any time since the 2001 low. By itself, this technical condition may or may not be important -- and that's why you need to see our Elliott wave analysis of the index to understand what's ahead.
 
VIETNAM: The Ho Chi Minh Index moved sideways in October, but it's the Hanoi HNX that looks to be leading the way. Both indexes are poised for a move that will surprise many local investors. 

Tap into these insights now via a 30-day RISK-FREE subscription to The Asian-Pacific Financial Forecast Service. You also get instant access to the still-valuable September and October 2012 issues.


Australia, China, India, Japan, and Beyond: Get Ahead of the Trends with EWI's Asian-Pacific Financial Forecast Service 

Here's what you get during your RISK-FREE 30-day trial: 
 
1. The Asian-Pacific Financial Forecast (monthly)
Editor Mark Galasiewski's insightful and useful commentary on stocks in Japan, China, India, Australia, Singapore, Hong Kong, Taiwan, Korea and more, plus the region's financial and social trends has prompted one subscriber to write that Mark clearly has his "finger on the pulse of the local scene here."
 
2. The Asian-Pacific Short Term Update (Tue, Thu, Sun)
Timely analysis and forecasts for the major stock indexes in Japan, China, India, Australia, Singapore and Hong Kong, plus occasional updates for Taiwan, Korea and other Asian-Pacific nations. Editor and award-winning market technician Chris Carolan keeps you abreast of market moves between the monthly Asian-Pacific Financial Forecast issues, while also providing valuable commentary on debt and forex markets.
 
3. The Elliott Wave Theorist (monthly)
Trusted since 1979, Bob Prechter's straight-talking Elliott Wave Theorist is the bedrock of EWI analysis. Delightfully contrary, refreshingly logical and downright accessible, the Theorist is a must-read for every independent investor. You get thought-provoking analysis and forecasts on the intermediate- and long-term direction of the financial markets, critical trends in investor psychology plus timely in-depth research and insights you're guaranteed not to get from any other source.  
 
 
Subscribe today for just $20/month

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FFSThe Asian-Pacific Financial Forecast is the world's most forward-thinking investment letter for Asian-Pacific markets.

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