General Bullish Decade. Monetary supply could signal market environment.
Price action and trends may be muted in both directions while Monetary supply consolidates.
If global liquidity reaches green have more confidence that trends sustain
Otherwise expecting trends to be Isolated and short lived in both directions
But Fear could be maximum providing buying...
Chinese Yuan money supply is double the US at $40 trillion with no end in sight.
(Note the Chinese Yuan in the chart is adjusted for the exchange rate to the $)
BRIC's are a fantasy as I have mentioned before. If you have a problem with US printing you will really have a problem with China Printing Press!
Recently Russia walked away from India and broke off...