DAX, NIKKEI and DJIA
For those who are not a big fan of twitter I’m posting my latest updates on global equity markets. I believe these are important charts and are worth reviewing again. Global equity markets are experiencing a correction. Long-term trends are still intact. Long-term 200-day averages will play a significant role in determining the next direction of the long-term trends.
Euro #STOXX50 index shows no major breakdown yet. Medium/long-term uptrend still intact above 200-day average $STOXX pic.twitter.com/6W7q8oiS3j
— Aksel Kibar, CMT (@TechCharts) April 11, 2014
Don't anticipate just participate. Wait for confirmation. Russel 2000 Index shows no major breakdown yet. $RUT $TF_F pic.twitter.com/2x9NA0VjgK
— Aksel Kibar, CMT (@TechCharts) April 11, 2014
#JAPAN #NIKKEI 225 index is now trading below its 200-day average. First medium/long-term warning signal. Bearish. pic.twitter.com/aCkH7gZukV
— Aksel Kibar, CMT (@TechCharts) April 11, 2014
Already beaten down emerging markets perform better during the latest weakness. #MSCI Emerging Markets outperform.#EM pic.twitter.com/0S848gUyIb
— Aksel Kibar, CMT (@TechCharts) April 11, 2014
#GERMANY XETRA DAX Index. As long as it remains above 9,000, uptrend will be intact. Strong support at 9,000 levels. pic.twitter.com/XEiZR4pD5g
— Aksel Kibar, CMT (@TechCharts) April 10, 2014
#DJIA Strong and critical support for the Dow Jones Industrial index remains at 15,770 levels; 200-day average. $DJIA pic.twitter.com/igtso9xlKp
— Aksel Kibar, CMT (@TechCharts) April 10, 2014
#CHINA SSE 50 Index challenges long-term average. Technical outlook is improving. #EM pic.twitter.com/QhmqVRkuy5
— Aksel Kibar, CMT (@TechCharts) April 10, 2014
