Putin proposes deepening of economic cooperation with ASEAN

Putin proposes deepening of economic cooperation with ASEAN

Editor: Vladimir Bajic | Tactical Investor

The following article makes for a compelling read and so I thought I would highlight an excerpt of this article before getting to the story at hand:

” Out of all our proprietary indices (look at the image below), this is the only one that has been trading off its highs for such a long time. In fact, it is dangerously close to testing its lows.  Interestingly enough the peaks correspond very nicely with the bottoming and topping action in the Shanghai index.  One could view the current pattern through a bearish lens, but if you look closely you will notice that from July of 2010, it has been putting in higher lows, and this is a very bullish development. ” Proprietary Asian Edge Index States China Incredible Long Term Buy

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