Major world events & KL Composite Index over 44 years.
Major world events such as
Black Monday : Aug-Dec 1987 US Recession : Aug-Sept 1990 Mexican Financial Crisis : Jan 1994-Jan 1995 Asian Financial Crisis : Feb 1997 – Sept 1998 Dotcom Bubble : Feb 2000 – Apr 2001 Sept 11, 2001 SARS : Apr 2002 – Mar 2003 Global Financial Crisis : Jan 2008 – Oct 2008 European Debt Crisis : Jul – Sept 2011 – Oil Glut : Oct – Dec 2014 COVID : 2020-2022 Ukraine Crisis : 2022
The major world events as shown in vertical blue columns.
What is of significance is that the occurrences of these major world events are in the golden uptrend channel.
What is the implication?
In my video training course "Buy Low Sell High", I explain that market system has its internal strength and weaknesses and its own "healing energy" to make correction to these negative events and still move forward.
It is like our own human system with its built in immune system that is designed to overcome major diseases.
Hence it is important to study and analyze the Internal Energy of the market system and not be derailed by overlly focus on events.
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