World Weekly Summary

This Goldman Sachs thingy sure rattles a lot of people. We need to remind ourself that the market is already overbought based on daily chart. So, a sell off does not surprise me. Anyway, in any matters where money comes into question, definitely there are element of cheating/fraud/manipulation. This has existed since two parties made the first trade. That is why we need to learn history. History teaches us how fraud are committed and how to detect them. As a trader, I will play alone as long as the music is on, and try to get out before I get myself hurt. Is this the end of the bull rally? There are evidence of bearish divergence, but it is still not strong enough to indicate the resumption of the bear.

World	Monthly	Weekly	Daily
S&P500	Up	Up	Up
DJI	Up	Up	Up
NasdaqComp	Up	Up	Up
Nikkei 225	Up	Up	Neutral (-)
Kospi	Up	Up	Up
SSECI	Up	Up	Neutral (-)
HSI	Up	Up	Up
TWII	Up	Up	Up
STI	Up	Up	Up
JKSE	Up	Up	Up
SENSEX	Up	Up	Neutral (-)
AORD	Up	Up	Up
NZX50	Up	Up	Up
FTSE	Up	Up	Up
DAX	Up	Up	Neutral (-)
RTSI	Up	Up	Up
Bovespa	Up	Up	Neutral (-)