Monday, March 31, 2014

Tigers: Flight or Fight


There is a mixed picture for SE Asia.
Vietnam and Malaysia in an uptrend
Thailand and Indonesia in a downtrend

Vietnam(VNM) probably is forming a triangle and it is now in a medium term top.

Malaysia (EWM) another triangle is forming.We are leaning towards a downward resolution of this formation

Thailand (THD) is probably entering in a sideways formation between 65-82$

Indonesia (IDX) is also in an sideways formation between 20-27$