Each week the analysts at DWA review and comment on all major asset classes in the global markets - this week we note generally muted action.
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 |
|
64% |
|
40% |
|
84% |
|
82% |
|
34% |
| NYSE |
|
74% |
|
50% |
|
86% |
|
84% |
|
26% |
| OTC |
|
60% |
|
38% |
|
84% |
|
74% |
|
40% |
| World |
|
56% |
|
38% |
|
|
|
76% |
|
40% |
Observations:
- All major bullish percent (BP) indicators remain unchanged from last week, each residing in a column of Os at midfield.
- Similarly, all major positive trend (PT) indicators remain unchanged from last week. Each remains in a column of Xs at midfield.
- All major HiLo indicators also remain unchanged, each residing at or above the 90% level.
- Two of the major ten-week (TW) indicators reversed down into a column of Os last week. TWALL and TWNYSE both reversed down and now reside in a column of Os at 76% and 78%, respectively. TWOTC remains in Xs at 80% while TWWORLD remains in Os at 70%.
- Three of the four major thirty-week indicators remain unchanged from last week, each residing at lower-midfield. The lone change came from 30OTC as it continued higher in a column of Xs to 46%.
