Some Asian Breakout Ideas

The iShares China Index Fund has completed a 10-year massive symmetrical triangle on the monthly graph. By clearing the 2015 high this ETF has an upside target of 71.74. I will buy any slight reaction in this ETF, risking to 44.77.

Singapore Index

The Singapore Index (futures) has completed a multi-year rectangle on the monthly graph. I consider this to be a significant bull signal supported by fundamentals. The Shiller CASE Index suggests that Singapore is one of the most undervalued markets globally. I am willing to take a shot at the long side of this market on a retest of 398.1, risking about 75 basis points.

Osaka Nikkei

This one published to Factor members in the past.  The target of 24,010 from the underlying 10-week ascending triangle has been met. Factor remains long a tranche with a revised target of 24,830, having taken profits on a tranche.