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Focus on Japan, Vietnam and China
Plus 14 more regional stock indexes and sub-indexes -- all inside the new, June issue of EWI's monthly Asian-Pacific Financial Forecast

By Vadim Pokhlebkin
Fri, 03 Jun 2011 17:45:00 ET

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Why focus on Japan, Vietnam and China in the weeks ahead, you ask?

Editor Mark Galasiewski shows you the answer on the first few pages of the June Asian-Pacific Financial Forecast -- namely, the Elliott wave pattern in these countries' respective stock indexes. All three have been moving sideways, and all three are poised to breach certain key price levels. (Mark shows you on a chart what those price levels are.)

There are other compelling reasons to feature these markets. Specifically:

Vietnam: Price/earnings (P/E) ratio for the Ho Chi Minh Index; economic conditions similar to those that existed prior to another recent major turning point.

China: Morgan Stanley’s China A-Share Fund shows a highly-identifiable Elliott wave pattern; Chinese government crackdowns are getting more widespread.

Japan: The tsunami has been blamed for the recent economic turndown -- like a drop to 30-year lows in domestic auto sales. But as you'll see from the NIKKEI chart, the main reason for the slowdown is not the tsunami but the larger trend in Japan's social mood.

The June Asian-Pacific Financial Forecast explains what these signs likely mean for stocks in Japan, Vietnam and China. In this issue, you also get updates for:

Hong Kong & Singapore: Our earlier forecasts for the Hang Seng and Straits Times indexes remain on target.

Australia: The Asian-Pacific Financial Forecast showed before how Australian multinationals (such as miner BHP Billiton) had served as bellwethers for the ASX All Ordinaries. In the June issue, editor Mark Galasiewski tells you what the long-term Elliott wave pattern in the biotech giant CSL likely means for the All Ords.

India: Besides a clear wave pattern in the SENSEX, the 2009-2010 pattern in the BSE Small Cap Index supports our view for the SENSEX.

Cultural Trends Through a Socionomic Lens: Seeds of a Third Intifada? Palestine's 2011 Naqba Day was one of the most tragic ever, but it may prove to be merely a “dress rehearsal.” Find out what Elliott wave patterns in the Amman General Index suggest, socionomically, about the start of another intifada.

You also get updates on Korea, Taiwan, Turkey, as well as Israel's Tel Aviv 100 and Jordan’s Amman General stock indexes.

Tap into these insights now via a RISK-FREE subscription to The Asian-Pacific Financial Forecast Service. You also get instant access to the still-valuable May 2011 issue. Details >>

Tags: ASX All Ordinaries, authoritarianism, Bank of Japan, BRIC, Chinese markets, diversification, Elliott wave, emerging markets, Nikkei, safe haven, SENSEX, Shanghai Composite Index, Shanghai Composite Index, Taiwan index, technical analysis

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