Global Market Report 3 - Aug 2024 edition

Global market in correction - Not Crash!

The major markets are currently experiencing a decline, with most indices showing red. However, I view this as a potential Wave 4 correction. This correction presents an opportunity for investors to consider increasing their positions.” 😊

Remember, Wave 4 corrections often serve as pauses within a trend and typically form a three-wave move (ABC).

Evey dip is an opportunity if you know where the trend of the market.

This report will cover the following markets.

• S&P 500

• Nasdaq

• Malaysia - Small-Cap & Blue chip

• Japan

• China - CSI 300, Kweb

• Taiwan

• Hong Kong

• South Korea

• Singapore

• India

Let’s dive into it.

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S&P 500

S&P 500 wave count

Nasdaq

Nasdaq wave count

Malaysia

Malaysia Small- Cap