Global Trend Indicators/Overbought and Oversold Markets – April 12

Global Trend Indicators

Technical Moves:

Reclaiming 20-day moving average
S&P500, Nasdaq, Russell 2000, Mexico IPC, Australia ASX

Reclaiming 50-day moving average
Russell 2000,  FTSE

Reclaiming 100-day moving average
Russell 2000,  FTSE

Reclaiming 200-day moving average
France CAC,  Mexico IPC

Breaking 100-day moving average
Shanghai Composite

Breaking 200-day moving average
Korean KOSPI,  India SENSEX

WIR_Global Trend

WIR_Equity_MA
(click here if charts are not observable)

Overbought and Oversold Markets – April 12

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and oversold when below 30.  Note the RSI can sustain an overbought (oversold) reading in a strong up (down) trend.

Click chart to enlarge.

WIR_Overbought
(click here if chart is not observable)

 

 

Week In Review

WIR_Key Levels

WIR_Equity_Week

WIR_Bond_Week

WIR_Equity_YTD

WIR_Bond_YTD
(click here if charts are not observable)

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