World Weekly Summary

Most markets kind of had a Christmas rally. I'm expecting a correction for the US market, however, it continues to push higher. Maybe the power of printing money will overcome all obstacles continuing losses in the housing market. Well, this is why you need more than fundamental analysis to win in the market. Your theory may be right, but when your timing is wrong, you will still lose money.

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	Neutral	Up	Up	Next R=11k
Kospi	Up	Up	Up	R=1.9k.
SSECI	Up	Neutral (-)	Neutral	R=3.5k. S=2.6k. Finding base.
HSI	Up	Neutral	Down	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	Up	Neutral (-)	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=1.5k
Bovespa	Up	Up	Neutral	R=66k