By request of a couple of members on the other side of the pond, here's my take on the London FTSE 100, Sydney All Ordinaries & the S&P ASX 200 Composite Indices. Following the recent breakout above significant resistance to new highs, the $FTSE is now back-testing that level, now key support, from above. While [...]
A look at the major non-U.S global stock indices in the following order: $AORD (Australia), $TSX (Canada), $BSENX (India), $NIKI (Japan), $SSEC (China), $FTSE (England), $HKHS (Hong Kong), $DAX (Germany), & $CAC (France). A separate video covering the outlook for the US equity markets is uploading to YouTube now & will be posted later today [...]
An overview of global equity indices concluding with a brief overview of precious metals & commodities, as it appears the most constructive charts are from countries with a large exposure to commodities.
I am a big believer that charts speak louder than words (especially those spoken by the majority of the pundits in the financial media). With that being said, here's a quick view of most of the major financial equity markets around the world. Live, annotated versions of each of these charts, along with other global [...]
With most of the major global equity indices recently breaking below key uptrend lines and/or bearish chart formations, complete with negative divergences in place, the U.S. markets are most likely not far behind. Most of these chart were published in the August 6th "Around the World in 60 Seconds" post and live versions of many [...]
I've added a few extra annotations to some of the global stock indices in which links to the live charts were posted yesterday. I've also posted some those charts in an easy to view gallery format below. Simply click on the first chart to expand, then click anywhere on the right of the chart to [...]
Since today's earlier post mentioning the recent bearish price action in the European equity markets, I have updated the live charts with additional commentary and downside targets/support levels. Click to expand the first chart below & then click anywhere on the right side of each chart to advance to the next chart. Once opened, each [...]