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The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.

Happy Easter!

Happy Easter!
"Be yourself; everyone else is already taken." -- Oscar Wilde

Saturday, 12 November 2011

India & Hong Kong...signalling weakness to come?

The Indian Bombay Stock Exchange Index traded contrarily to other countries on Friday with a gap down, as shown on the Daily chart below...it's sitting just below recent horizontal and trendline support, with indicators downward-sloping...another one to watch...will see what next week brings.


Hong Kong's Hang Seng Index also traded contrarily to the world markets with a gap down on Thursday and a failure on Friday to fill the gap, as shown on the Daily chart below...it's sitting just above horizontal support but below recent rising trendline support, with indicators downward-sloping...another one to watch.