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World Stock Markets Trading Discussion – Limp levitation

Not too much excitement in the early openers: Kiwis +0.5%, Aussies -0.2%, Nikkei +0.6% and Sth Korea flat.

Aussie sectors leaning into the red: Gold -4.3%, Miners -1.8% and Energy -1.4%.

 

 

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This Week Will Tell If The Bear is Really Coming Out of Hibernation

 
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes. I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.

 

 

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