George R. Harrison writes: The Asian Stock Market scene has been dynamic and strong. At least until some sand got into the gearworks a few months back and started to grind the bull markets to a halt.

The 'canary in the coal mine' was first spotted in the Malaysian Stock Index.

Malaysia's stock market has been the weakest of the 4 we're looking at here and, as the chart shows, has fallen around 7% in the last 3-month's time.

The Malaysian Stock Index decline also made it's appearance known in both the Hong Kong and the Singapore Stock Indexes . . .

Near mid-September, the train ride upwards became derailed, hesitating and then started working it's way further on the downtrending slope.

Singapore, the financial capital of the region, reacted and mirrored the shift at the very same time.

The main difference between Hong Kong and Singapore Stock Indices is that Singapore has weathered the shift much better, showing itself to be the stronger market of the two during this time period.

Of course both of these markets are huge compared to Malaysia.

No doubt that the continuing massive movement of funds to Singapore (leaving nations perceived as less safe and secure) has gone a long way towards keeping the index stronger, even after it's initial falter.

However, all is not well in the region and there are plenty of 'signs' that indicate that a slowdown and trend change are in progress.

Besides Indonesia, (which has defied expectations by continuing it's rocket ride upwards in spite of oil's crashing prices) Thailand has been a shining light reminder of the good old days of uncomplicated bull market price movements.

It has enjoyed a beautiful, strong upwards, non-volatile bull market move all this year (until recently).

Alas, that sand-in-the-gearworks I wrote of earlier has begun to make itself visible in the Thai market now. When you look at the chart, you can almost hear the grinding and slowing down of the 'gears' to this index. If you listen closely enough, you may find that they have stopped and are starting to reverse a little.

The Thai stock index has also been strong and managed to hold off the beginnings of faltering for an additional quarter past when the initial shifts were beginning to show in Hong Kong, Malaysia and Singapore.

However, it may be time for this market to 'catch up' and the last few days seem to indicate that that's what's happening.

Behind all of these market gyrations is the effect of the US DOLLAR and the weakening of so many currencies against it. We'll examine this more closely in the next article as space is limited here. - George

© 2014 Copyright George R Harrison - All Rights Reserved

george@money-tigers.com

Disclaimer: All articles and posts are a matter of opinion (drawn from over 44-years of market research & experience) and are provided for general information purposes only and are not intended as investment advice. Information and analysis above are derived from sources and utilize privately discovered methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisers.

From the website: http://www.WDGann-Lost-Secrets.com

----------------------------------------------------------------------------------------
Bio: George R. Harrison's background includes time as a Hedge Fund assistant manager; an intensely focused 44-year long period as a researcher of the Markets, a Master Market Analyst & Chartist; a world-recognized and uniquely qualified WD Gann expert, (having rediscovered and restored-to-print many ‘lost’ Gann techniques through his decades of research work) and creator of several revolutionary market analytical techniques and tools.
Mr. Harrison continues his market research & private client consultation and instructional work while living on the island of St. Croix in the US Virgin Islands.
Current market comments and archived articles may also be found on his website at www.wdgann-lost-secrets.com.
George may be contacted by e-mail at: george@money-tigers.com

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.