[sharetrading] WORLD MARKETS

 

3 Indices have moved below 50DEMA. However most are still in bull trending mode.

3 Indices are giving strong bullish signals, whereas most are in sideways mode. So till the previous highs are taken out, it looks like the markets are and will move side ways. However India seems poised to UPWARDS……..

 

Enjoy the mini ride for now…………………… A positive close on MONDAY will trigger all SL’s and one would see a cover up operation in a big way……….

 

So play POSITIVE……….. as of now. Will revert with ASIA in the morning………

 

Abe

 

 

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