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% |
|
54% |
|
54% |
|
44% |
| NYSE |
|
44% |
|
62% |
|
50% |
|
58% |
|
44% |
| OTC |
|
52% |
|
58% |
|
60% |
|
52% |
|
44% |
| World |
|
46% |
|
52% |
|
|
|
42% |
|
44% |
Observations:
- There were no changes to the Bullish Percent or Positive Trend Indicators over the past week.
- The High Low for All ALLHILO, NYSE NYSEHILO, and OTC OTCHILO are all in X's but fell to 60%, 56%, and 66% respectively.
- The Ten Week for All TWALL, NYSE TWNYSE, and OTC TWOTC reversed down into O's and sit at 48%, 52%, and 46% respectively. The Ten Week for World TWWORLD is still in X's but is at 42%, down from 48%.
- The 30-Week for NYSE 30NYSE is still in X's and jumped 2% to 50%.
- Volatility continues to be present for these indicators but the long term picture remains positive despite the shorter term appearing wobbly. We will continue to remind you to stick to your rules and rely on them to make decisions in these times.
