As customary every year, CLSA (Credit Lyonnais Securities Asia), a Hong Kong-based financial conglomerate, has released the FSI Report (CLSA Feng Shui Index) to forecast the stock market based on feng shui.
2024 is the 30th year that CLSA has issued this report. Not only does it provide accurate market forecasts, but CLSA’s analysts also provide specific recommendations on sectors to watch out for in the coming year. Therefore, it is considered the most reputable report in the world for applying feng shui to the stock market.
The image of the “happy dragon” represents the fluctuations of the entire year of 2024.
CLSA’s feng shui experts have predicted significant market volatility for the upcoming year, following the concept of “money harm, after constraints.”
To represent this process, we can use the image of a “happy dragon” (refer to the illustration below from CLSA). The dragon is coiling upward, signaling a prosperous new year filled with happiness.
Source: CLSA
From the current time until May 2024, it will be a period of the “sad dragon” where stock market indices will experience negative fluctuations and significant volatility. This can be considered the worst period in 2024.
CLSA’s market volatility forecast for the period from 2-5/2024
Source: CLSA
The period from May to August 2024 can be referred to as the “dragon meets clouds” due to its significant breakthrough. Investors who do not act quickly may miss out on the opportunity for wealth accumulation.
CLSA’s market volatility forecast for the period from 5-8/2024
Source: CLSA
After a period of excessive growth and short-term stock peaks, a slight decline will occur from August to November 2024.
CLSA’s market volatility forecast for the period from 8-11/2024
Source: CLSA
After the correction, the market will recover and continue to soar until the beginning of 2025. This period is called the “dragon embraces gold.”
CLSA’s market volatility forecast for the period from 11/2024-2/2025
Source: CLSA
