Saturday, 19 June 2010

All Gobal Markets are a BUY, except China !!!

Global stock markets are ALL on a BUY signal from 15th June, except China (Shanghai). Looking for a retace in the FTSE back to 5150-5200 before the summer rally with a target 5550 by 30th July or sometime in August.

Index 10ema 20emaDate Trade Price Stop Target
ASX 4472 4470 10Jun BUY 4450 4490 4650
DAX 6115 6060 10Jun BUY 5975 5830 6400
FTSE 5185 5192 15Jun BUY 5150 5148 5550
HSI 19929 19893 14Jun BUY 19770 19300 20750
N225 9832 9887 15Jun BUY 9850 9300 11000
SP500 1100 1099 15Jun BUY 1100 1088 1220
SSEC 2567 2604 19Apr SELL 3100 2652 1750


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