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Sunday, August 30, 2009

World Market

Surprisingly, US market is still holding up well. The trend is still up based on weekly and monthly reading.

World Monthly Weekly Daily Note
S&P500 Up Up Up R=1.14k
DJI Up Up Up R=9.8k. Daily bearish divergence
NasdaqComp Up Up Up R=2.18k
Nikkei 225 Up Up Up (+) Next R=11k
Kospi Up Up Up Next R=1.6k. Overbought.
SSECI Up Neutral Down R=3.5k. S=2.8k. Correction.
HSI Up Up Neutral R=21k, S=19.5k. Correction
TWII Up Up Neutral Toppish
STI Up Up Up (+) R=2.7k.
JKSE Up Up Up (+) R=2.5k.
SENSEX Up Up Up (+) R=16k
AORD Up Up Up (+) R=4.6k
NZX50 Up Up Up (+) R=3.2k
FTSE Up Up Up R=5.1k
DAX Up Up Up R=5.5k
Bovespa Up Up Up R=55.8k

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