An Update on TAIEXHere is my last post about the TAIEX: The triangle I labeled is actually a triangle in a smaller degree, the wave 5 I anticipated is actually the 5th wave of wave iii Now TAIEX is forming another running triangle, which should follow a "thrust" to wave vLongby wivanz0
Elliott Wave: TAIEX nears the end of Wave 5The price of TAIEX has been going up after bottomed at 2020/3/19, and it used 2 months to form a Running Triangle (2021/1/21-2021/3/25), therefore I expect the price is now heading to the last wave According to my point of view, the micro wave 1 and 3 has finished, it will be invalided when the price goes above 17819.78 Furthermore, another "evidence" also indicated the subminuette wave v will end around 17784 by adding up the width of triangle wave iv from the ending point of wave ivShortby wivanzUpdated 223
How to Pick the Best Performing Stockmarket 🐉This is our idea from last October on the FTSE TWSE Taiwan 50 Index. Well , first let's understand why Taiwan is such a great place to live and invest Also, How Taiwan beats China to be Asia's top-performing economy The rest is just history, Taiwan is a miracle. the FXPROFESSORLongby FX_Professor114
BULLISH MOMENTUMTHIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY . Longby wijitha0
TAIWAN-50C Looking VERY healthyA beautiful index to follow. Neutral at the moment but a must-keep in your radar by FX_Professor2
TAIEX: Structured long term buy opportunity on Taiwan stocks.The Taiwan stock market is trading on a very standard long term 1M Channel Up which is currently neutral close to its median (RSI = 50.364). We see a very reliable buy signal pattern. Each Golden Cross (MA50 over MA200) has a distance of roughly 950 days from the Death Cross (opposite). The Death Cross comes to signal the end (or approaching) of the cycle's bottom. Based on that sequence we have calculated that to be around the end of July/ August 2019. We will be going long on TAIEX then with TP = 11,100 (1W Resistance). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.Longby InvestingScope5
TAIEX Correlated with US Stocks; Both Almost at Record HighsThis chart is pretty simple. It basically reminds investors that the Taiwanese stock market is highly positively correlated with US equities using the S&P 500 index as the primary proxy of US stocks. We can see that positive correlation with the correlation coefficient below. The Nikkei 225 is as well. However, TAIEX RSI is nearly flashing overbought and all three indexes are nearing their record highs. What could be the primary motivation for the continuation of breaking record highs ten years into the bull market? This is not a question asked often enough. The notion that we have reached the peak of this cycle should be more closely investigated. by WhiskeyTangoFoxtrot32
TAIEX and China Stocks Both Benefit From US-China Trade DealTAIEX enjoys a positive correlation coefficient with the Shanghai Composite which has strengthened consistently over the past few months. Then if we believe that a trade deal with the US is coming then the TAIEX will surely enjoy some gains as well even especially since TAIEX greatly outperforms Shanghai Composite and Shenzhen Component. However, TAIEX RSI is well into the overbought territory and let's also not forget TAIEX suffered its worst single day loss (6 percent) since the 2008 financial crisis back in January of 2018. More volatility to come? by WhiskeyTangoFoxtrot31
TWSE Off From Technical Overbought HighsWhile RSI and Bull/Bear sentiment have edged away from clear overbought signals, we are continuing to see exponential moving averages assert their authority in suggesting the uptrend will continue. This is the case for the 'ribbon' of EMAs excluding the five day EMA which price action has dropped below. In the short-term I am a bit bullish on Taiwanese equities especially since they tend to outperform other Asian equities when the majority of Asian stocks are in deep red territory. Moreover, Taiwanese equities outperform their Asian peers in differing times of entry point since the 2008 Financial Crisis. However, entry point is extremely important for this and perhaps for a buy and hold strategy prices are a bit too expensive for those types of investors. Longby WhiskeyTangoFoxtrot32
taiwan index top trendlineNot awful, but not a long enough look at the index to be able to identify a top range as confidently. by GTStockmaster1
Finally above 10,000!Taiwan main index finally broke above 10,000 level. Had been trying for many years. Stay long.Longby luahawaii116
Taiwan Weight Index might suffer strong resistance at 9400Taiwan Weight Index might suffer strong resistance at 9400,need to pay attention to the value Longby qhsiaolin332
Taiwan Weighted Stock Index Daily (04.Oct.2014) Tech. AnalysisThe Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following: The TWII index has reacted from EMA 200. Now the Index is under the KUMO, has breached the Tenkan Sen and looking for Kijun Sen. So the first think in mind is the case of a further reaction towards to KUMO. MACD is trying to bull and RSI are is looking higher. There is no special candlestick pattern except the long green (bullish) full candlestick There is no special general pattern. Long for Kijun Sen between 0.618 & 0.5 of fib. Stop loss under 9081.Longby d.vezeris1
Taiwan Weighted Stock Index Daily (13.Sep.2014) Tech. AnalysisThe Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following: The TWII index has cut downwards the KUMO. Now the Index in under the KUMO, under the Tenkan Sen and Kijun Sen too. The weekly diagram is bearish. So the first think in mind is the case of a further decline under the KUMO. MACD and RSI are bearish. There is no special candlestick pattern except the red (bearish) full candlestick There is no special general pattern. Short for EMA 200. Stop loss above the KUMO.Shortby d.vezeris0
Taiwan Weighted Stock Index Daily (30.08.2014)Technical AnalysisThe Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following: The TWII index has reacted from the bottom of KUMO and breached the top. Now the Index has pulled back to the top of KUMO SPAN A and it is above Tenkan Sen and Kijun Sen too. The weekly diagram turning bullish again and the monthly diagram is bullish. So the first think in mind for Monday is the case of a further decline into the KUMO and under the support line or not. MACD and RSI are bullish yet. The Index now has stopped exactly on the KUMO so... Long if the index is bullish on Monday (at close) otherwise short. by d.vezeris1
Taiwan Weighted Stock Index Daily (17.08.2014) EMA AnalysisThis week we will see the EMA (50,100,200) and MACD,RSI for various diagrams. The Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following: The TWII index has made a correction decline from 2.618 of fib for three weeks before it reacted on EMA 100 last week. The index is on a bull market because the EMA 50 is above the EMA 100 & EMA 100 is above the EMA 200. MACD is trying to give a bullish sign. RSI is neutral. Stay aside. Long above the EMA 50 for a retest of the 2.618 level of fib. Short under the EMA 100 for EMA 200.by d.vezeris2
Taiwan Weighted Stock Index Daily (13.07.2014)Technical AnalysisThe Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following: The TWII index has made a long development from January 2014 above the KUMO cloud. Now the Index is above Tenkan Sen and Kijun Sen too. The weekly and monthly diagram are bullish but MACD is overbought on both of them. So the first think in mind for Monday is the case of a correction to the Tenkan Sen first in accordance with the green support lines. MACD is marginally on sell sign (?) and RSI lower from overbought levels. We have a bearish engulfing candlestick pattern. The index is above the KUMO, Tenkan Sen & Kijun Sen too. There is no special pattern. So I think that the TWII will decline towards to Kijun Sen (blue line) first.Shortby d.vezeris1
Taiwan Weighted Stock Index Daily (29.06.2014) Technical AnalysiThe Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following: The TWII index has made a long development from January 2014 above the KUMO cloud. Now the Index is above Tenkan Sen and Kijun Sen too. The weekly and monthly diagram are bullish but MACD is overbought on both of them. So the first think in mind for Monday is the case of a correction to the Tenkan Sen first in accordance with the red resistance lines. MACD is on sell sign and RSI lower from overbought levels. We have no special candlestick pattern. The index is above the KUMO, Tenkan Sen & Kijun Sen too. There is no special pattern. The fib from 8096 to 8446.53 (projection) shows resistance at current level 3.618 of fib (9364.20). So I think that the TWII will decline towards to Kijun Sen (blue line) first. Shortby d.vezeris0