VPL: Pacific Equities May Be Bottoming Out (Archive)
Pacific equities are building a base, but I’m still waiting for trend confirmation.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- Consistent with the general theme of searching for global yield outside of the U.S., I now share my outlook for the Pacific stock markets.
- With the Japanese manufacturing PMI currently in contraction, I am keeping my eye open for a rebound above 50 to confirm bullishness on Vanguard FTSE Pacific ETF.
- My technical analysis framework based on Trend Flow, Support/Resistance Location, and False Breakout Traps suggests that the VPL vs. SPX500 pair could be gearing up to a flip in trend.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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