SINGAPORE COVID-19 Wave 3 Projection Update VIIFinally! The MACD histograms are heading further down, suggesting that we are moving into the clear and probably have control over the current wave. The week is "over" and weekly chart documents a retrograde. Looks like we are coming out of this on June 13th!
Cov2
COVID-19 tracking SG and her neighbours (MY, ID and TH)Looking at the weekly charts...
1. All, except ID, are increasing in Wave 3, with differing levels of acceleration.
2. ID may be having an uptick...
3. SG's momentum is still strong for another two weeks at least.
4. Both My and TH have strong momentum to further increase. MY's situation is bad enough with TH's situation being worse.
Overall, the three neighbours have at least another 2-4 weeks of the wave to ride out; of which the northern two probable take months more...
PS. Previously described, the MACD and MACD Histograms are very useful in projecting the virus infection waves. Used here for personal monitoring and analysis. What this simple tool identified does is to allow an advantage to be ahead of the curve instead of being behind it chasing the virus as it silently sweeps across the population.
UK COVID-19 Next Wave ProjectionI was just having a conversation with a Singaporean good friend who lives in London, and called this afternoon upon learning about the (earlier expected) stricter measures that was just announced this afternoon. We were exchanging views on how the countries differ in the management of the pandemic, and the consequent success and failures. Then mentioned that UK may be next... and I offered to use the same MACD system to project for the UK from the current known status.
In the chart above, the MACD corroborates that the situation in the UK had somewhat stabilized over the last two months after their Easter lockdown. Thing is, there appears to be a levelling off, and the arc drawn is projecting how it might turn out over the next weeks... and projection made that the start of a spike is at the end of June, into July.
IF this projection is on point, then outnbreak news should be seen in the latter part of July.
Let's test this system again!
Meanwhile... do take care, stay safe, stay healthy, especially if you are in the UK.
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COVId-19 Scan for the US, GB, GER and CHNCOVID-19 Confirmed cases for the USA, Great Britain, Germany, and China...
Clearly the Western (world) major economies are having trouble handling the COVID-19 pandemic.
Germany appears to be the most parabolic, then Great Britain is similar although not as steep.
USA is not far off in the speed of spread.
Opposing to that, China has been doing well, and numbers are low, with the MACD having an opposing pattern, falling as time goes along.
This is going to be the stage for 2021; and the writing is on the wall (chart) now...
COVID-19 Scanning outlook for US, SG, MY and IDJust compiling a snapshot chart of the COVID-19 confirmed cases of US, SG, MY and ID.
These charts are avail in TradingView and if you are worried about the situation getting better or worse, you can use the MACD to give an indication.
Remember that these charts track the Confirmed cases, so the charts will only increase, else flatline.
Here we see how SG has flatlined much, such that the MACD is falling.
Contrary to that, the US numbers are escalating again, and MACD clearly shows it is in Wave 1.3
Indonesia is increasing, but the rate is moderating at best.
And in Malaysia, it is escalating so fast, it is almost going parabolic. The MACD accentuates the rising differences per week on week.
All these can give a better outlook into the fear of future lockdowns, and perhaps Forward economic status.
Hope this helps!
S&P 500On the S&P 500 im getting ready to sell it because we have a bat pattern that formed! the pat pattern "B" point is at the Maximum 5% tollerance outlined in Scott Carney's 3rd Harmonic Trading Volume. the 401k index has been struggling since SARS2 taken the world by storm. i dont expect it to get any better since the Q2 earnings report is going to reflect the majority of the shut down the world has implememnted. in Q1 we had January and Febuary of earning power to offset the lack of business that the shut down caused in March. in Q2 however we have 2 months of complete shutdown with maybe 1/2 a month of earning power to offset the the 2 months of no earnings. your highly leveraged business are really going to be hurting this Quater with many of them having to take out loans and ETC. i havent tried, nor do i want to, read the 1800+ pages the CARES Act or HEROS Act has. Somewhere in those pages are clauses that are in place to help business, but what i do know its not going to be enough to suffice for the lost earnings. Common Stock is about to plummit again as investors see their 401k take another hit. a few weeks ago popular analysis came out saying the Bear Market is over and retail traders listening to this garbage rushed back into the market to buy stock at a bargin price. and dont get me wrong some of those stocks were a bargin, but how are we going to be out of a bear market when S&P 500 did not even retrace to the 618 on the daily. fundamental analysis is essential but those analysit use technical analysis to form their fundamental analysis. if by chance there are any traders out there that read all of this wait to enter the market. holding onto your money isnt going to cost a penny (unless the fed introduces a negatie interest rate), but entering the market early could cost you everything!