Tuesday, April 29, 2014
Emerging Markets To Begin a New Uptrend- Elliot Wave International
In our previous posts Modi Wave or New Bull Market (March 7, 2014) and A New Bull Market (March 26, 2014) we have indicated beginning of a new bull market in India.
Elliot Wave International, in its latest update on Asian-Pacific Financial Forecast for April 2014 has confirmed that that emerging Asia has diverged upward from the other emerging markets since their 2011 lows. India was the first to get off the block after a consolidation of more than six years and other markets are likely to follow, with India being the best performing market.
Read more: http://www.elliottwave.com/freeupdates/archives/2014/04/22/emerging-markets-begin-new-uptrend.aspx#ixzz30B0pDXgZ