Indicator | Weekly Change / Significance | Implication for S&P 500 | Implication for Nifty* |
S & P 500 | -0.40% | Bearish | Bearish |
Nifty | -1.50% | Neutral | Bearish |
Gold | -0.20% | Neutral | Neutral |
WTIC Crude | 3.20% | Bullish | Bearish |
Copper | 7.30% | Bullish | Bullish |
Baltic Dry Index | -2.20% | Bearish | Bearish |
Euro | 3.00% | Bullish | Bullish |
Yen | -1.10% | Bullish | Bullish |
Dow Transports | -1.60% | Bearish | Bearish |
Nyse Summation Index | -14.10% | Bearish | Bearish |
US Vix | 3.30% | Bearish | Bearish |
20 DMA, S&P 500 | Above | Bullish | Neutral |
50 DMA, S&P 500 | Above | Bullish | Neutral |
200 DMA, S&P 500 | Above | Bullish | Neutral |
20 DMA, Nifty | Below | Neutral | Bearish |
50 DMA, Nifty | Below | Neutral | Bearish |
200 DMA, Nifty | Below | Neutral | Bearish |
Overall | S&P 500 | Nifty | |
Bullish Indications | 7 | 3 | |
Bearish Indications | 5 | 10 | |
Outlook | Marginally Bullish | Bearish | |
Observation | Summation index and Vix are flashing warning signs | ||
On the Horizon | US Payrolls, Greece, UK elections | ||
*Nifty | India's Benchmark Stock Index | ||
Raw Data | Courtesy yahoo finance, Stock charts |