World Technical Analysis: Trend Signals Up, Elliott Wave Targets, Sector Analysis
This Market Watch Weekly is for educational purposes only and is not to be interpreted as trading or investment advice. See Terms Of Use here.
This week we look at the entire world from a chartist’s point of view, including the DAX in Germany who seems to be calling the shots in Europe at the moment. Also the Shanghai Composite makes a short term up trend signal this week, and our very own All Ordinaries does too. Incidentally the Shanghai Composite often leads the All Ordinaries.
We also look at some of the Australian Sectors that are outperforming at the moment (around earnings season), and why we called these sectors weeks ago.
Check out the video below!
Of course please do your own due diligence – a great place to start is the free trading and investment course on this site. Check out the strongest sectors report to find out where the best places to be in the market right now, and our free Live S&P ASX 200 Shares list, Charts and Top Movers.
Share your Comments in the comments section below.
Happy trending,
Dave McLachlan
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February 25, 2012
Tags: All Ordinaries, ASX, asx market, chart analysis, DAX, market analysis, Market Watch Weekly, nikkei, shanghai composite, technical analysis, trend following Posted in: Market Analysis, Market Watch Weekly
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