Sunday, September 20, 2009

Weekly World Markets Summary

SSECI Monthly Chart

Looking at the SSECI monthly chart, if it can maintain at current level, we should see another upward movement towards 5000-6000!

DJI Weekly Chart

DJI should challenged it's downtrend line (around 10,100) soon. The bulls can still run and it is not tired yet.

For the rest of the world, it seems pretty bullish at the moment.

World Monthly Weekly Daily Note
S&P500 Up Up Up R=1.12k
DJI Up Up Up R=10.1k.
NasdaqComp Up Up Up R=2.18k
Nikkei 225 Up Up Up Next R=11k
Kospi Up Up Up R=1.9k. Overbought
SSECI Up Neutral Neutral R=3.5k. S=2.6k. Finding base.
HSI Up Up Up R=23.5k, S=20k.
TWII Up Up Up R=7.9k. S=7k
STI Up Up Up R=2.7k.
JKSE Up Up Up R=2.5k. S=2.3k
SENSEX Up Up Up R=17.6k
AORD Up Up Up R=4.9k
NZX50 Up Up Up R=3.2k
FTSE Up Up Up R=5.4k
DAX Up Up Up R=6.15k
RTSI Up Up Up R=1.25k
Bovespa Up Up Up R=66k

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