Monthly charts are now pointing up (except for Japan & SSE). Daily chart shows some weakness, indicating profit taking is just around the corner. The Fed is determined to print for money (QE2), that is why the dollar is sinking. Anyhow, daily chart for the Dollar Index is very oversold, therefore, a rebound is imminent. However, the weekly chart indicates that the Dollar Index still has room to fall.
Summary:
| World | Monthly | Weekly | Daily |
| S&P500 | Up (+) | Up | Up |
| DJI | Up (+) | Up | Up |
| NasdaqComp | Up (+) | Up | Up |
| Nikkei 225 | Down | Neutral | Neutral (-) |
| Kospi | Up | Up | Up |
| SSECI | Down | Neutral (+) | Neutral |
| HSI | Up | Up | Up |
| TWII | Up | Up | Up |
| STI | Up | Up | Up |
| JKSE | Up | Up | Up |
| SENSEX | Up | Up | Up |
| AORD | Up (+) | Up | Neutral (-) |
| NZX50 | Up (+) | Up | Neutral (-) |
| FTSE | Up (+) | Up | Up |
| DAX | Up | Up | Neutral (-) |
| RTSI | Up | Up | Up |
| Bovespa | Up | Up | Up |
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