Sunday, November 15, 2009

World Weekly Summary

DJI Daily Chart

DJI: Looks like it has broken out of the downtrend!

S&P 500 Daily Chart

S&P 500: This one also has broken out of the downtrend line. The only concern for DJI and S&P 500 is the decreasing volume that accompany this breakout.

The summary for the rest of the world:
World Monthly Weekly Daily Note
S&P500 Up Up Up (+) R=1.12k, S=1.01k
DJI Up Up Up R=11k.
NasdaqComp Up Up Up (+) R=2.18k
Nikkei 225 Up Neutral Down Next R=11k
Kospi Up Neutral Down R=1.9k.
SSECI Up Up Up 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=2.8k. S-2.52k
JKSE Up Neutral Neutral R=2.5k. S=2.3k
SENSEX Up Up (+) Up (+) R=17.6k
AORD Up Up (+) Up (+) R=4.9k
NZX50 Up Up Neutral R=3.2k
FTSE Up Up Up (+) R=5.4k
DAX Up Neutral Neutral (+) R=6.15k
RTSI Up Up Up (+) R=1.5k
Bovespa Up Up Up R=66k

Looks like we are all going back to our merry way of creating bubbles. May we not be the last one to buy at the top.

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