Global Technical Summary
Published: April 18, 2018
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
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.

 

Universe BP Col & Level (actual) BP Rev Level PT Col & Level (actual) PT Rev Level HiLo Col & Level (actual) HiLo Rev Level 10 Week Col & Level (actual) 10 Week Rev Level 30 Week Col & Level (actual) 30 Week Rev Level
ALL
Os at 44%
(48.1 +2.7)
BPALL
 
50%
Os at 54%
(52.8 +0.7)
PTALL
 
60%
Xs at 54%
(55.6 +21.8)
ALLHILO
 
48%
Xs at 56%
(56.2 +11.8)
TWALL
 
50%
Xs at 50%
(50.0 +4.0)
30ALL
 
44%
NYSE
Xs at 50%
(50.3 +3.6)
BPNYSE
 
44%
Os at 56%
(57.3 +0.8)
PTNYSE
 
62%
Xs at 50%
(51.5 +19.7)
NYSEHILO
 
44%
Xs at 62%
(62.7 +16.6)
TWNYSE
 
56%
Xs at 48%
(49.7 +5.4)
30NYSE
 
42%
OTC
Os at 46%
(47.9 +2.5)
BPOTC
 
52%
Os at 52%
(51.5 +0.6)
PTOTC
 
58%
Xs at 60%
(60.8 +23.7)
OTCHILO
 
54%
Xs at 52%
(52.8 +9.2)
TWOTC
 
46%
Xs at 50%
(50.5 +3.2)
30OTC
 
44%
World
Os at 40%
(44.1 +1.5)
BPWORLD
 
46%
Os at 46%
(47.1 +0.6)
PTWORLD
 
52%
N/A
N/A
Xs at 42%
(43.7 +3.5)
TWWORLD
 
36%
Os at 38%
(41.9 +0.4)
30WORLD
 
44%

 

Observations:

  • The Bullish Percent for the NYSE BPNYSE reversed back up into a column of X's at 50%. We are back on offense. See the Weekly DALI & US Equity Overview section for a more in depth look.
  • There were no changes to the Positive Trend indicators. 
  • The High Low for All ALLHILO and NYSE NYSEHILO remain in X's and jumped to 54% and 50% respectively. In addition, the High Low for OTC OTCHILO reversed up into X's at 60% from O's at 32% just last week.
  • The 10-Week for All TWALL, NYSE TWNYSE, OTC TWOTC, and World TWWORLD all improved over the last week and remain in a column of X's having jumped to 56%, 62%, 52%, and 42% respectively.
  • With the exception of the 30-Week for World 30WORLD which remains unchanged, the 30-Week for All 30ALL and NYSE 30NYSE remain in a column of Xs but improved to 50% and 48% respectively. The 30-Week for OTC 30OTC reversed up into Xs at 50% from Os at 42% last week. 
  • We are beginning to see improvement in the shorter term from the OTC universe now in addition to the NYSE. Like the BPNYSE, if the shorter term picture continues to improve for the OTC universe, look for that BP chart to reverse up.
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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
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