
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 |
|
50% |
|
60% |
|
48% |
|
50% |
|
44% |
NYSE |
|
44% |
|
62% |
|
44% |
|
56% |
|
42% |
OTC |
|
52% |
|
58% |
|
54% |
|
46% |
|
44% |
World |
|
46% |
|
52% |
|
|
|
36% |
|
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.