Tags » UK & Europe

East to West

First, the canary in the coal mine, the Seoul Composite Index, found support at 2300. Follow-through above 2400 would be a bullish sign, suggesting a fresh advance. 179 more words

US & Canada

Asian stocks rally, Europe follows

Asian stocks have started to rally and Europe is likely to follow. Canada faces stronger headwinds and is expected to struggle to break resistance at 900. 230 more words

US & Canada

Global correction

Global stock markets have mostly experienced selling pressure over the last two weeks but most of the activity is secondary in nature and, apart from longer-term issues in the UK and Canada, is unlikely to affect the primary up-trend. 161 more words

Stock Markets

Selling pressure surges around the globe

Canada’s TSX 60 fell sharply this week. Twiggs Trend Index below zero warns of long-term selling pressure. Breach of support at 880 would confirm a primary down-trend. 88 more words

Stock Markets

Around the markets: Hong Kong & India bullish

Canada’s TSX 60 continues to test resistance at the former primary support level of 900. Bearish divergence on Twiggs Money Flow warns of strong selling pressure. 108 more words

Stock Markets

Round the world: India & Hong Kong advance, Canada falters

Canada’s TSX 60 retraced to test resistance at the former primary support level of 900. Respect is likely and would signal a bear market. Decline of Twiggs Money Flow/Trend Index below zero would strengthen the bear signal. 156 more words

Stock Markets

Europe: DJ Stoxx 50 correction

Dow Jones Euro Stoxx 50 is undergoing a correction. Breach of medium-term support at 3500 indicates hesitancy but the primary trend remains upward. Twiggs Trend Index and Twiggs Money Flow both look similar, with a sharp decline in the last two weeks. 43 more words

Stock Markets