Each week the analysts at DWA review and comment on all major asset classes in the global markets. Shown below is the summary or snapshot of the primary technical indicators we follow for multiple areas. Should there be changes mid-week we will certainly bring these to your attention via the report.

Each week the analysts at DWA review and comment on all major asset classes in the global markets. Shown below is the summary or snapshot of the primary technical indicators we follow for multiple areas. Should there be changes mid-week we will certainly bring these to your attention via the report.

Observations:

• There were no changes to any of the Bullish Percent or Positive Trend indicators over the past week of trading.
• Each of the High Low indicators reversed down into O’s. The All High Low ^ALLHILO reversed down into O’s at 72% from X’s at 82%. The NYSE High Low ^NYSEHILO reversed down into O’s to 76% from X’s at 86%. The last reversal came from the OTC High Low ^OTCHILO, which reversed down into O’s at 70% from X’s at 78%.
• The Ten Week for NYSE ^TWNYSE remains in O’s at 50% and the Ten Week for World ^TWWORLD remains in X’s at 54%. The Ten Week for All ^TWALL moved lower to 50% and remains in O’s. Similarly, the Ten Week for OTC ^TWOTC moved lower to 52% and remains in O’s.
• The only 30 Week indicator to change over the past week was the 30 Week for All ^30ALL, which moved lower to 58% and remains in O’s. With the Bullish Percent for NYSE ^BPNYSE and the ^30NYSE both in O's, take a look at your portfolios and see how your positions' trend charts look. Should you need assistance in evaluating the charts or interpreting the data, please give the analysts a call.