COVID-19 Wave 2 trajectory still ongoing... SD, MY, ID and CN
First up... obvious from November 2020 that Singapore was already heading towards a spike/Wave2.
After so long, appears sthat the inevitable is happening, and projecting forwards, by end Feb or early March, the MACD histogram would be positive.
Note that this has had happened to China, obvious int he MACD histograms since Octoboer 2020, through to December 2020 and has prompted localized lockdowns in the NorthEast of China.
Malaysia and Indonesia unfortunately are not seeing any reprieve... not surprising, given the measures taken, too little too late, if at all. This eventually will pose problems for Singapore.
No change in the trejectory as outlined months ago...
After so long, appears sthat the inevitable is happening, and projecting forwards, by end Feb or early March, the MACD histogram would be positive.
Note that this has had happened to China, obvious int he MACD histograms since Octoboer 2020, through to December 2020 and has prompted localized lockdowns in the NorthEast of China.
Malaysia and Indonesia unfortunately are not seeing any reprieve... not surprising, given the measures taken, too little too late, if at all. This eventually will pose problems for Singapore.
No change in the trejectory as outlined months ago...
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.