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 [1] index shows no major breakdown yet. Medium/long-term uptrend still intact above 200-day average $STOXX [2] pic.twitter.com/6W7q8oiS3j [3]
— Aksel Kibar, CMT (@TechCharts) April 11, 2014 [4]
Don't anticipate just participate. Wait for confirmation. Russel 2000 Index shows no major breakdown yet. $RUT [5] $TF_F [6] pic.twitter.com/2x9NA0VjgK [7]
— Aksel Kibar, CMT (@TechCharts) April 11, 2014 [8]
#JAPAN [9] #NIKKEI [10] 225 index is now trading below its 200-day average. First medium/long-term warning signal. Bearish. pic.twitter.com/aCkH7gZukV [11]
— Aksel Kibar, CMT (@TechCharts) April 11, 2014 [12]
Already beaten down emerging markets perform better during the latest weakness. #MSCI [13] Emerging Markets outperform.#EM [14] pic.twitter.com/0S848gUyIb [15]
— Aksel Kibar, CMT (@TechCharts) April 11, 2014 [16]
#GERMANY [17] 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 [18]
— Aksel Kibar, CMT (@TechCharts) April 10, 2014 [19]
#DJIA [20] Strong and critical support for the Dow Jones Industrial index remains at 15,770 levels; 200-day average. $DJIA [21] pic.twitter.com/igtso9xlKp [22]
— Aksel Kibar, CMT (@TechCharts) April 10, 2014 [23]
#CHINA [24] SSE 50 Index challenges long-term average. Technical outlook is improving. #EM [14] pic.twitter.com/QhmqVRkuy5 [25]
— Aksel Kibar, CMT (@TechCharts) April 10, 2014 [26]