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% |
|
58% |
|
42% |
|
46% |
|
50% |
| NYSE |
|
44% |
|
62% |
|
46% |
|
48% |
|
48% |
| OTC |
|
52% |
|
58% |
|
46% |
|
44% |
|
44% |
| World |
|
46% |
|
52% |
|
|
|
42% |
|
44% |
Observations:
- There were no changes to any of the Bullish Percent Indicators this week.
- The Positive Trend for All PTALL remains in O's and fell one box to 52%.
- The High Low for All ALLHILO and OTC OTCHILO both reversed up into X's at 48% and 52% respectively. Conversely, the High Low for NYSE NYSEHILO remains in O's and fell two boxes to 40%.
- The Ten Week for All TWALL, NYSE TWNYSE, and OTC TWOTC all reversed back up into X's at 52%, 54%, and 50% respectively.
- The 30-Week for All 30ALL and NYSE 30NYSE reversed down into O's at 44% and 42% respectively.
- The short term picture showed signs of improvement as the indicators continue to jockey back and forth. There are no major changes and we continue to advise that you stick to your disciplines and remain patient while this market figures out whether supply or demand will take the baton.
