World Market

So, the fundamental sucks but stock still going up. Not logical eh? The few blogs that I'm following, the voice of the bear is getting weaker. Based on today's chart action, any downward movement, in my opinion will not be strong. Any upward movement, generally is not strong too but it is being pulled up by stronger sectors that deals with commodities. The financial sector is still a drag. Anyhow, better trade what you see than trade what you think you will see.

World	Longterm	Midterm	Shorterm
S&P500	Down	Up	Up (+)
DJI	Down	Up (+)	Up (+)
NasdaqComp	Down	Up	Up (+)
Nikkei 225	Down	Up	Up
Kospi	Up	Up	Neutral (-)
SSECI	Up	Up	Neutral
HSI	Up (+)	Up	Up
TWII	Up	Up	Up
STI	Up (+)	Up	Up
SENSEX	Up (+)	Up	Up
AORD	Down	Up	Up (+)
FTSE	Down	Up	Up (+)
DAX	Down	Up	Up
Bovespa	Up (+)	Up	Up