China, India: Richer or Poorer?

 

Today, both China and India are very different countries than 10 years ago. In so many ways, they are wealthier, safer and better.

But will these trends continue?

Our friends at Elliott Wave International are inviting you to get well-researched answers when you read this free excerpt ($59 value) from their September Asian-Pacific Financial Forecast.

See where China and India are in their Elliott wave patterns – and what that means for business and life in general.

Yes! I want to see what’s next for China and India, FREE ($59 value).

Here's a Unique Way to Spot Worthy Investment or Trading Ideas

 

"Short term elliotticity helps us recognize markets that have recently traced out clear Elliott waves"

By Elliott Wave International

This one-of-a-kind way to spot investment ideas is called "elliotticity." The impartial arbiter of elliotticity is our proprietary computer program called EWAVES, Elliott Wave Analysis & Validation Expert System.

Elliott Wave International has been perfecting EWAVES for years; it already powers EWI's Flash Services recommendations. And now, it can quantify the exact percentage by which a market adheres to the Elliott wave model by giving it an elliotticity score.

Our recent monthly Elliott Wave Theorist provided more insights:

Total elliotticity takes into account the entire history of a market. Markets with the highest total elliotticity conform best to the Elliott wave model at all degrees of scale. Short term elliotticity helps us recognize markets that have recently traced out clear Elliott waves and thus are good candidates for near term forecasting. ...

 

Evergrande on the border of bankruptcy, shakes the economy

 

Crypto trader: Free, once-a-year event

 

Why a Financial "Panic" May Be Just Around the Corner

 

Here's why global investors should keep a close eye on "sight deposits"

By Elliott Wave International

Investors look to an array of indicators in hopes of determining what is next for the financial markets in which they are interested.

Some investors may focus entirely on "technical" indicators such as the Relative Strength Index (RSI), price levels of "support" or "resistance," or say, advancing vs. declining issues, just to name a few. As you probably know, there are many more technical indicators.

Market participants also look at sentiment readings such as mutual fund cash levels, investors' use of leverage, surveys and so on.

Yet, there's at least one indicator that many global investors may overlook, and that's the weekly change in "sight deposits" at the Swiss National Bank.

This chart and commentary from the September Global Market Perspective, an Elliott Wave International publication which offers coverage of 50+ worldwide financial markets, provide insight:

For the week ending August 6, commercial banks poured 1.2 billion francs into the Swiss National Bank, the largest weekly inflow since mid-June. The cash that banks park at the central bank are called "sight deposits," and, together, the June and August data points represent the largest weekly inflows since the coronavirus panic in early 2020.

 

S&P500 5 min