| Indicator | Weekly Level / Change / Significance | Implication for S&P 500 | Implication for Nifty* |
| S&P 500 | 2123, 0.31% | Neutral** | Neutral |
| Nifty | 8262, 0.90% | Neutral | Bullish |
| China Shanghai Index | 4309, 2.44% | Bullish | Bullish |
| Gold | 1223, 3.02% | Bullish | Bullish |
| WTIC Crude | 59.96, 0.82% | Bullish | Bullish |
| Copper | 2.93, 0.58% | Bullish | Bullish |
| Baltic Dry Index | 634, 10.45% | Bullish | Bullish |
| Euro | 1.146, 2.29% | Bullish | Bullish |
| Dollar/Yen | 119.35, 0.39% | Neutral | Neutral |
| Dow Transports | 8681, -0.98% | Bearish | Bearish |
| Nyse Summation Index | 254, -17% | Bearish | Bearish |
| US Vix | 12.38, -3.73% | Bullish | Bullish |
| 20 DMA, S&P 500 | 2105, Above | Bullish | Neutral |
| 50 DMA, S&P 500 | 2089, Above | Bullish | Neutral |
| 200 DMA, S&P 500 | 2033, Above | Bullish | Neutral |
| 20 DMA, Nifty | 8283, Below | Neutral | Bearish |
| 50 DMA, Nifty | 8522, Below | Neutral | Bearish |
| 200 DMA, Nifty | 8299, Below | Neutral | Bearish |
| India Vix | 19.82, 3.7% | Neutral | Bearish |
| Dollar/Rupee | 63.38, -0.5% | Neutral | Bullish |
| Overall | S&P 500 | Nifty | |
| Bullish Indications | 10 | 9 | |
| Bearish Indications | 2 | 6 | |
| Outlook | Bullish | Bullish | |
| Observation | The S&P 500 is at the top of its trading range close to all time highs while the Nifty is sitting just below its 20 and 200 DMA. The summation index and transports are still diverging. | ||
| On the Horizon | Greece, EU and UK Inflation Data, EU Consumer confidence, Japanese GDP, US and Canada CPI | ||
| *Nifty | India's Benchmark Stock Index | ||
| Raw Data | Courtesy Google finance, Stock charts | ||
| **Neutral | Changes less than 0.5% are considered neutral |
