Asia-Pacific: Just a "Pause" -- or Is the Rally Over?
by Chris Carolan
Updated: September 24, 2020
Back in the April, in the middle of the global pandemic-induced lockdown, Elliott wave patterns in Asian stocks helped us alert subscribers to the future rally.
It seemed improbable at the time. After all, "fundamentals" were horrible.
But Elliott waves track investor psychology, and that psychology was turning from "down" to "up."
Indeed, stocks across the Asia-Pacific did rally strongly over the summer. (Although not all markets participated...)
Fall is often a period when stocks wobble -- so, is that what's behind the recent weakness?
Our Asian-Pacific Short Term Update editor explains.