Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning December 10

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2633, -4.60%
Bearish
Bearish
Nifty
10694, -1.68%
Neutral **
Bearish
China Shanghai Index
2606, 0.68%
Bullish
Bullish
Gold
1253, 2.17%
Bullish
Bullish
WTIC Crude
52.61, 3.30%
Bullish
Bullish
Copper
2.76, -1.00%
Bearish
Bearish
Baltic Dry Index
1372, 11.45%
Bullish
Bullish
Euro
1.1384, 0.92%
Bullish
Bullish
Dollar/Yen
112.64, -0.78%
Bearish
Bearish
Dow Transports
9951, -8.03%
Bearish
Bearish
High Yield (ETF)
34.45, -0.33%
Neutral
Neutral
US 10 year Bond Yield
3.01%, -1.34%
Bullish
Bullish
Nyse Summation Index
-359, 10.10%
Bullish
Neutral
US Vix
23.23, 28.56%
Bearish
Bearish
Skew
114
Neutral
Neutral
20 DMA, S and P 500
2712, Below
Bearish
Neutral
50 DMA, S and P 500
2758, Below
Bearish
Neutral
200 DMA, S and P 500
2762, Below
Bearish
Neutral
20 DMA, Nifty
10684, Above
Neutral
Bullish
50 DMA, Nifty
10567, Above
Neutral
Bullish
200 DMA, Nifty
10745, Below
Neutral
Bearish
India Vix
18.59, -2.99%
Neutral
Bullish
Dollar/Rupee
71.38, 2.37%
Neutral
Bearish
Overall
S & P 500
Nifty
Bullish Indications
7
9
Bearish Indications
8
9
Outlook
Bearish
Bullish
Observation
The S and P 500 and the Nifty fell
last week. Indicators are mixed for the week.
The markets are on the verge of a 5 year bear market. Watch those
stops.
On the Horizon
Russia – Rate decision, Euro Zone – ECB rate decision, US – PPI,
CPI, UK – GDP, Employment data, Vote on Brexit deal, Japan
GDP, Switzerland – SNB rate decision
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals december 10

The S and
P 500 and the Nifty fell last week. Indicators are
mixed for the upcoming week. The oversold bounce in global markets has likely
stalled out near the declining 200 DMA’s and the 50 week moving averages that
were violated for the first time in two years will likely act as strong
resistance going forward. The trend is changing from bullish to bearish. Looking
for significant under performance in the Nifty going forward on rapidly
deteriorating macros. A 5 year bear market
is about to start in key asset classes like the Euro, stocks and commodities
amidst a number of bearish divergences and Hindenburg omens. We are on the verge of a multi-year deflationary collapse. Quantitative tightening by the
FED is yet to be priced in fully. The markets are still trading well over 3
standard deviations above their long term averages from which corrections
usually result. Tail risk has been very high off late. The critical levels to
watch for the week are 2645
(up) and 2620 (down)
 on the S & P 500 and 10800 (up) and 10600 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning December 03

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2760, 4.85%
Bullish
Bullish
Nifty
10877, 3.32%
Neutral **
Bullish
China Shanghai Index
2588, 0.34%
Neutral
Neutral
Gold
1220, -0.25%
Neutral
Neutral
WTIC Crude
50.93, 1.01%
Bullish
Bullish
Copper
2.79, 0.76%
Bullish
Bullish
Baltic Dry Index
1231, 12.63%
Bullish
Bullish
Euro
1.1281, -0.46%
Neutral
Neutral
Dollar/Yen
113.52, 0.52%
Bullish
Bullish
Dow Transports
10820, 4.35%
Bullish
Bullish
High Yield (ETF)
34.56, 0.96%
Bullish
Bullish
US 10 year Bond Yield
3.01%, -1.34%
Bullish
Bullish
Nyse Summation Index
-399, 17.68%
Bullish
Neutral
US Vix
18.07, -16.03%
Bullish
Bearish
Skew
115
Neutral
Neutral
20 DMA, S and P 500
2722, Above
Bullish
Neutral
50 DMA, S and P 500
2775, Below
Bearish
Neutral
200 DMA, S and P 500
2762, Below
Bearish
Neutral
20 DMA, Nifty
10622, Above
Neutral
Bullish
50 DMA, Nifty
10614, Above
Neutral
Bullish
200 DMA, Nifty
10741, Above
Neutral
Bullish
India Vix
19.16, 0.01%
Neutral
Neutral
Dollar/Rupee
69.73, -1.14%
Neutral
Bullish
Overall
S & P 500
Nifty
Bullish Indications
11
12
Bearish Indications
2
1
Outlook
Bullish
Bullish
Observation
The S and P 500 and the Nifty rallied
last week. Indicators are bullish for the week.
The markets are back at resistance.
Watch those stops.
On the Horizon
Canada – BOC rate decision, Australia – RBA rate decision, GDP, CPI, US
– Employment data, India – RBI rate decision
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals december 03

The S and
P 500 and the Nifty were up last week. Indicators are
bullish for the upcoming week. The oversold bounce in global markets has likely
stalled out near the declining 200 DMA’s and the 50 week moving averages that
were violated for the first time in two years will likely act as strong
resistance going forward. The trend is changing from bullish to bearish. Looking
for significant under performance in the Nifty going forward on rapidly
deteriorating macros. A major top has
been established in key asset classes like the Euro, stocks and commodities
amidst a number of bearish divergences and Hindenburg omens. We are on the verge of a multi-year deflationary collapse. Quantitative tightening by the
FED is yet to be priced in fully. The markets are still trading well over 3
standard deviations above their long term averages from which corrections
usually result. Tail risk has been very high off late. The critical levels to
watch for the week are 2770
(up) and 2750 (down)
 on the S & P 500 and 10950 (up) and 10800 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning November 26

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2633, -3.79%
Bearish
Bearish
Nifty
10527, -1.46%
Neutral **
Bearish
China Shanghai Index
2580, -3.72%
Bearish
Bearish
Gold
1223, 0.02%
Neutral
Neutral
WTIC Crude
50.42, -11.02%
Bearish
Bearish
Copper
2.77, -1.14%
Bullish
Bullish
Baltic Dry Index
1008, -2.23%
Bearish
Bearish
Euro
1.1332, -1.50%
Bearish
Bearish
Dollar/Yen
112.94, 0.08%
Neutral
Neutral
Dow Transports
10369, -2.03%
Bearish
Bearish
High Yield (ETF)
34.40, -0.61%
Bearish
Bearish
US 10 year Bond Yield
3.05%, -0.65%
Bullish
Bullish
Nyse Summation Index
-484, -17.71%
Bearish
Neutral
US Vix
21.52, 18.63%
Bearish
Bearish
Skew
117
Neutral
Neutral
20 DMA, S and P 500
2714, Below
Bearish
Neutral
50 DMA, S and P 500
2794, Below
Bearish
Neutral
200 DMA, S and P 500
2761, Below
Bearish
Neutral
20 DMA, Nifty
10482, Above
Neutral
Bullish
50 DMA, Nifty
10769, Below
Neutral
Bearish
200 DMA, Nifty
10749, Below
Neutral
Bearish
India Vix
19.16, 4.41%
Neutral
Bearish
Dollar/Rupee
70.53, -1.73%
Neutral
Bullish
Overall
S & P 500
Nifty
Bullish Indications
2
4
Bearish Indications
12
12
Outlook
Bearish
Bearish
Observation
The S and P 500 and the Nifty were
down week. Indicators are bearish for the week.
The markets are about to collapse.
Watch those stops.
On the Horizon
Canada – GDP, Euro Zone – EU leaders summit, German employment data,
CPI, US – GDP
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals november 26

The S and
P 500 and the Nifty were down last week. Indicators are
bearish for the upcoming week. The oversold bounce in global markets has likely
stalled out near the declining 200 DMA’s and the 50 week moving averages that
were violated for the first time in two years will likely act as strong
resistance going forward. The trend is changing from bullish to bearish. Looking
for significant under performance in the Nifty going forward on rapidly
deteriorating macros. A major top has
been established in key asset classes like the Euro, stocks and commodities
amidst a number of bearish divergences and Hindenburg omens. We are on the verge of a multi-year deflationary collapse. Quantitative tightening by the
FED is yet to be priced in fully. The markets are still trading well over 3
standard deviations above their long term averages from which corrections
usually result. Tail risk has been very high off late. The critical levels to
watch for the week are 2645
(up) and 2620 (down)
 on the S & P 500 and 10600 (up) and 10450 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning November 19

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2736, -1.61%
Bearish
Bearish
Nifty
10682, 0.92%
Neutral **
Bullish
China Shanghai Index
2679, 3.09%
Bullish
Bullish
Gold
1223, 1.19%
Bullish
Bullish
WTIC Crude
56.68, -5.83%
Bearish
Bearish
Copper
2.80, 4.25%
Bullish
Bullish
Baltic Dry Index
1031, -10.11%
Bearish
Bearish
Euro
1.1504, 1.47%
Bullish
Bullish
Dollar/Yen
112.85, -0.81%
Bearish
Bearish
Dow Transports
10584, 0.63%
Bullish
Bullish
High Yield (ETF)
34.61, -1.51%
Bearish
Bearish
US 10 year Bond Yield
3.07%, -3.61%
Bullish
Bullish
Nyse Summation Index
-412, 8.78%
Bullish
Neutral
US Vix
18.14, 4.49%
Bearish
Bearish
Skew
119
Neutral
Neutral
20 DMA, S and P 500
2726, Above
Bullish
Neutral
50 DMA, S and P 500
2813, Below
Bearish
Neutral
200 DMA, S and P 500
2761, Below
Bearish
Neutral
20 DMA, Nifty
10401, Above
Neutral
Bullish
50 DMA, Nifty
10750, Below
Neutral
Bearish
200 DMA, Nifty
10756, Below
Neutral
Bearish
India Vix
18.35, 3.29%
Neutral
Bearish
Dollar/Rupee
71.77, -1.17%
Neutral
Bullish
Overall
S & P 500
Nifty
Bullish Indications
8
9
Bearish Indications
8
9
Outlook
Neutral
Neutral
Observation
The S and P 500 was down and the
Nifty was up last week. Indicators are neutral for the week.
The markets are indicating a major trend
change. Watch those stops.
On the Horizon
Canada – CPI, Euro Zone – German GDP
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals november 19

The S and
P 500 was down and the Nifty was up last week. Indicators are
neutral for the upcoming week. The oversold bounce in global markets has likely
stalled out near the declining 200 DMA’s and the 50 week moving averages that
were violated for the first time in two years will likely act as strong
resistance. The trend is changing from bullish to bearish. Looking for
significant under performance in the Nifty going forward on rapidly
deteriorating macros. A major top has
been established in key asset classes like the Euro, stocks and commodities
amidst a number of bearish divergences and Hindenburg omens. This is going to
be followed by a massive selloff and most likely a deflationary collapse. Quantitative
tightening by the FED is yet to be priced in fully. The markets are still
trading well over 3 standard deviations above their long term averages from which
corrections usually result. Tail risk has been very high off late. The critical
levels to watch for the week are 2750
(up) and 2725 (down)
 on the S & P 500 and 10750 (up) and 10600 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning November 12

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2781, 2.13%
Bullish
Bullish
Nifty
10585, 0.31%
Neutral **
Neutral
China Shanghai Index
2599, -2.90%
Bearish
Bearish
Gold
1209, -2.00%
Bearish
Bearish
WTIC Crude
60.19, -4.67%
Bearish
Bearish
Copper
2.68, -4.36%
Bearish
Bearish
Baltic Dry Index
1147, -21.28%
Bearish
Bearish
Euro
1.1338, -0.45%
Neutral
Neutral
Dollar/Yen
113.78, 0.52%
Bullish
Bullish
Dow Transports
10517, 1.46%
Bullish
Bullish
High Yield (ETF)
35.14, 0.00%
Neutral
Neutral
US 10 year Bond Yield
3.19%, -0.78%
Bullish
Bullish
Nyse Summation Index
-451, 36.10%
Bullish
Neutral
US Vix
17.36, -11.02%
Bullish
Bullish
Skew
120
Neutral
Neutral
20 DMA, S and P 500
2741, Above
Bullish
Neutral
50 DMA, S and P 500
2829, Below
Bearish
Neutral
200 DMA, S and P 500
2763, Above
Bullish
Neutral
20 DMA, Nifty
10360, Above
Neutral
Bullish
50 DMA, Nifty
10880, Below
Neutral
Bearish
200 DMA, Nifty
10760, Below
Neutral
Bearish
India Vix
17.76, -2.55%
Neutral
Bullish
Dollar/Rupee
72.62, -0.33%
Neutral
Neutral
Overall
S & P 500
Nifty
Bullish Indications
8
7
Bearish Indications
6
7
Outlook
Bullish
Neutral
Observation
The S and P 500 and the Nifty were up
last week. Indicators are mixed for the week.
The markets are indicating a major trend
change. Watch those stops.
On the Horizon
Australia – Employment data, Japan – GDP, US CPI, UK – Employment data, CPI, Euro Zone – German GDP, CPI
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals november 12

The S and
P 500 and the Nifty were up last week. Indicators are
mixed for the upcoming week. The oversold bounce in global markets has likely
stalled out near the declining 200 DMA’s and the trend is changing from bullish
to bearish. Looking for significant under performance in the Nifty going
forward on rapidly deteriorating macros. A major
top
has been established in key asset classes like the Euro, stocks and
commodities amidst a number of bearish divergences and Hindenburg omens. This is
going to be followed by a massive selloff and most likely a deflationary
collapse. Quantitative tightening by the FED is yet to be priced in fully. The
markets are still trading well over 3 standard deviations above their long term
averages from which corrections usually result. Tail risk has been very high
off late. The critical levels to watch for the week are 2790 (up) and 2770 (down) on the S
& P
 500 and 10700
(up) and 10500 (down)
 on the Nifty. A significant breach
of the above levels could trigger the next big move in the above markets. You
can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning November 05

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2723, 2.42%
Bullish
Bullish
Nifty
10553, 5.21%
Neutral **
Bullish
China Shanghai Index
2677, 2.99%
Bullish
Bullish
Gold
1233, -0.20%
Neutral
Neutral
WTIC Crude
63.14, -6.58%
Bearish
Bearish
Copper
2.81, 2.41%
Bullish
Bullish
Baltic Dry Index
1470, -3.23%
Bearish
Bearish
Euro
1.1388, -0.30%
Neutral
Neutral
Dollar/Yen
113.19, 1.23%
Bullish
Bullish
Dow Transports
10366, 4.02%
Bullish
Bullish
High Yield (ETF)
35.14, 0.63%
Bullish
Bullish
US 10 year Bond Yield
3.21%, 4.45%
Bearish
Bearish
Nyse Summation Index
-706, 1.22%
Bullish
Neutral
US Vix
19.51, -19.25%
Bullish
Bullish
Skew
116
Neutral
Neutral
20 DMA, S and P 500
2748, Below
Bearish
Neutral
50 DMA, S and P 500
2841, Below
Bearish
Neutral
200 DMA, S and P 500
2765, Below
Bearish
Neutral
20 DMA, Nifty
10326, Above
Neutral
Bullish
50 DMA, Nifty
10941, Below
Neutral
Bearish
200 DMA, Nifty
10762, Below
Neutral
Bearish
India Vix
18.23, -5.21%
Neutral
Bullish
Dollar/Rupee
72.86, -0.31%
Neutral
Neutral
Overall
S & P 500
Nifty
Bullish Indications
8
9
Bearish Indications
6
5
Outlook
Bullish
Bullish
Observation
The S and P 500 and the Nifty rebounded
last week. Indicators are bullish for the week.
The markets are indicating a major trend
change. Watch those stops.
On the Horizon
Australia – RBA rate decision, New Zealand – RBNZ rate decision,
Employment data, US
Midterm elections, FOMC rate decision, PPI, UK – GDP
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals november 05

The S and
P 500 and the Nifty rebounded last week. Indicators are
bullish for the upcoming week. The oversold bounce in global markets will
likely stall out near the declining 200 DMA’s and the trend is changing from
bullish to bearish. Looking for significant under performance in the Nifty
going forward on rapidly deteriorating macros. A major top has been established in key asset classes like the Euro,
stocks and commodities amidst a number of bearish divergences and Hindenburg
omens. This is going to be followed by a massive selloff and most likely a
deflationary collapse. Quantitative tightening by the FED is yet to be priced
in fully. The markets are still trading well over 3 standard deviations above
their long term averages from which corrections usually result. Tail risk has
been very high off late. The critical levels to watch for the week are 2735 (up) and 2710
(down)
 on the S & P 500 and 10650 (up) and 10450 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning October 29

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2659, -3.94%
Bearish
Bearish
Nifty
10030, -2.65%
Neutral **
Bearish
China Shanghai Index
2599, 1.90%
Bullish
Bullish
Gold
1236, 0.58%
Bullish
Bullish
WTIC Crude
67.59, -2.44%
Bearish
Bearish
Copper
2.74, -1.33%
Bearish
Bearish
Baltic Dry Index
1519, -3.62%
Bearish
Bearish
Euro
1.1422, -0.85%
Bearish
Bearish
Dollar/Yen
111.81, -0.61%
Bearish
Bearish
Dow Transports
9966, -4.53%
Bearish
Bearish
High Yield (ETF)
35.09, -0.79%
Bearish
Bearish
US 10 year Bond Yield
3.08%, -3.78%
Bullish
Bullish
Nyse Summation Index
-715, -43.11%
Bearish
Neutral
US Vix
24.16, 21.47%
Bearish
Bearish
Skew
122
Neutral
Neutral
20 DMA, S and P 500
2802, Below
Bearish
Neutral
50 DMA, S and P 500
2857, Below
Bearish
Neutral
200 DMA, S and P 500
2767, Below
Bearish
Neutral
20 DMA, Nifty
10457, Below
Neutral
Bearish
50 DMA, Nifty
11048, Below
Neutral
Bearish
200 DMA, Nifty
10771, Below
Neutral
Bearish
India Vix
19.23, -2.80%
Neutral
Bullish
Dollar/Rupee
73.09, -0.48%
Neutral
Neutral
Overall
S & P 500
Nifty
Bullish Indications
3
4
Bearish Indications
13
13
Outlook
Bearish
Bearish
Observation
The S and P 500 and the Nifty fell hard
last week. Indicators are bearish.
The markets are indicating a major trend
change. Watch those stops.
On the Horizon
Australia – CPI, US Employment data, Euro Zone – German employment data,
CPI, UK – BOE rate decision, Canada – GDP,
Employment
data, Japan – BOJ rate
decision
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals october 29

The S and
P 500 and the Nifty fell hard last week. Indicators are
bearish for the upcoming week. The markets are oversold again but the medium
trend is changing from bullish to bearish. Looking for significant under
performance in the Nifty going forward on rapidly deteriorating macros. A major top has been established in key
asset classes like the Euro, stocks and commodities amidst a number of bearish
divergences and Hindenburg omens. This is going to be followed by a massive
selloff and most likely a deflationary collapse. Quantitative tightening by the
FED is yet to be priced in fully. The markets are still trading well over 3
standard deviations above their long term averages from which corrections
usually result. Tail risk has been very high off late. The critical levels to
watch for the week are 2670
(up) and 2645 (down)
 on the S & P 500 and 10100 (up) and 9900 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning October 22

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2768, 0.02%
Neutral
Neutral
Nifty
10304, -1.61%
Neutral **
Bearish
China Shanghai Index
2551, -2.17%
Bearish
Bearish
Gold
1229, 0.55%
Bullish
Bullish
WTIC Crude
69.28, -2.89%
Bearish
Bearish
Copper
2.78, -0.80%
Bearish
Bearish
Baltic Dry Index
1576, -0.19%
Neutral
Neutral
Euro
1.1521, -0.46%
Neutral
Neutral
Dollar/Yen
112.49, 0.26%
Neutral
Neutral
Dow Transports
10439, -0.48%
Neutral
Neutral
High Yield (ETF)
35.37, -0.37%
Neutral
Neutral
US 10 year Bond Yield
3.20%, 1.81%
Bearish
Bearish
Nyse Summation Index
-499, -43.41%
Bearish
Neutral
US Vix
19.89, -6.66%
Bullish
Bullish
Skew
125
Neutral
Neutral
20 DMA, S and P 500
2854, Below
Bearish
Neutral
50 DMA, S and P 500
2869, Below
Bearish
Neutral
200 DMA, S and P 500
2768, Below
Bearish
Neutral
20 DMA, Nifty
10691, Below
Neutral
Bearish
50 DMA, Nifty
11174, Below
Neutral
Bearish
200 DMA, Nifty
10779, Below
Neutral
Bearish
India Vix
19.79, 6.23%
Neutral
Bearish
Dollar/Rupee
73.44, -0.23%
Neutral
Neutral
Overall
S & P 500
Nifty
Bullish Indications
2
1
Bearish Indications
8
9
Outlook
Bearish
Bearish
Observation
The S and P 500 was unchanged and the
Nifty fell last week. Indicators are bearish.
The markets have resumed a major
collapse. Watch those stops.
On the Horizon
US GDP, Euro Zone – ECB rate decision, Canada – BOC rate
decision, Russia – Rate decision
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals october 22

The S and
P 500 was unchanged and the Nifty fell last week. Indicators are
bearish for the upcoming week. The markets have crash written all over them. Looking for significant under
performance in the Nifty going forward on rapidly deteriorating macros. A major top has been established in key
asset classes like the Euro, stocks and commodities amidst a number of bearish
divergences and Hindenburg omens. This is going to be followed by a massive
selloff and most likely a deflationary collapse. Quantitative tightening by the
FED is yet to be priced in fully. The markets are still trading well over 3
standard deviations above their long term averages from which corrections
usually result. Tail risk has been very high off late. The critical levels to
watch for the week are 2780
(up) and 2755 (down)
 on the S & P 500 and 10400 (up) and 10200 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning October 15

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2767, -4.10%
Bearish
Bearish
Nifty
10473, 1.51%
Neutral **
Bullish
China Shanghai Index
2607, -7.60%
Bearish
Bearish
Gold
1222, 1.36%
Bullish
Bullish
WTIC Crude
71.34, -4.04%
Bearish
Bearish
Copper
2.80, 1.36%
Bullish
Bullish
Baltic Dry Index
1579, 2.80%
Bullish
Bullish
Euro
1.1575, 0.39%
Neutral
Neutral
Dollar/Yen
112.10, -1.37%
Bearish
Bearish
Dow Transports
10489, -6.40%
Bearish
Bearish
High Yield (ETF)
35.50, -0.14%
Neutral
Neutral
US 10 year Bond Yield
3.14%, -2.60%
Bullish
Bullish
Nyse Summation Index
-348, -3118%
Bearish
Neutral
US Vix
21.31, 43.79%
Bearish
Bearish
Skew
126
Neutral
Neutral
20 DMA, S and P 500
2887, Below
Bearish
Neutral
50 DMA, S and P 500
2877, Below
Bearish
Neutral
200 DMA, S and P 500
2766, Above
Bullish
Neutral
20 DMA, Nifty
10875, Below
Neutral
Bearish
50 DMA, Nifty
11241, Below
Neutral
Bearish
200 DMA, Nifty
10779, Below
Neutral
Bearish
India Vix
18.63, -5.60%
Neutral
Bullish
Dollar/Rupee
73.68, -0.52%
Neutral
Bullish
Overall
S & P 500
Nifty
Bullish Indications
5
7
Bearish Indications
9
9
Outlook
Bearish
Bearish
Observation
The S and P 500 was down and the
Nifty rebounded last week. Indicators are bearish.
After a brief rebound the markets should
resume a major collapse. Watch those stops.
On the Horizon
China – GDP, Australia – Employment data, New Zealand – CPI, UK Employment data, CPI, Euro Zone – CPI, Canada
– CPI
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

stock market signals october 15

The S and
P 500 was down and the Nifty rallied last week. Indicators are
bearish for the upcoming week. The markets are quite oversold near term
and this rebound could last for a few days after which the selling would
resume. Looking for significant under performance in the Nifty going forward on
rapidly deteriorating macros. A major
top
has been established in key asset classes like the Euro, stocks and
commodities amidst a number of bearish divergences and Hindenburg omens. This is
going to be followed by a massive selloff and most likely a deflationary
collapse. Quantitative tightening by the FED is yet to be priced in fully. The
markets are still trading well over 3 standard deviations above their long term
averages from which corrections usually result. Tail risk has been very high
off late. The critical levels to watch for the week are 2780 (up) and 2755 (down) on the S
& P
 500 and 10550
(up) and 10400 (down)
 on the Nifty. A significant breach
of the above levels could trigger the next big move in the above markets. You
can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

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Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning October 08

Indicator
Weekly Level / Change
Implication for
S & P 500
Implication for Nifty*
S & P 500
2886, -0.97%
Bearish
Bearish
Nifty
10317, -5.62%
Neutral **
Bearish
China Shanghai Index
2821, 0.00%
Neutral
Neutral
Gold
1206, 0.79%
Bullish
Bullish
WTIC Crude
74.34, 1.49%
Bullish
Bullish
Copper
2.76, -1.50%
Bearish
Bearish
Baltic Dry Index
1536, -0.26%
Neutral
Neutral
Euro
1.1529, -0.58%
Bearish
Bearish
Dollar/Yen
113.65, 0.01%
Neutral
Neutral
Dow Transports
11207, -1.52%
Bearish
Bearish
High Yield (ETF)
35.55, -0.91%
Bearish
Bearish
US 10 year Bond Yield
3.23%, 5.53%
Bearish
Bearish
Nyse Summation Index
12, -94.91%
Bearish
Neutral
US Vix
14.82, 22.28%
Bearish
Bearish
Skew
130
Neutral
Neutral
20 DMA, S and P 500
2908, Below
Bearish
Neutral
50 DMA, S and P 500
2877, Above
Bullish
Neutral
200 DMA, S and P 500
2763, Above
Bullish
Neutral
20 DMA, Nifty
11151, Below
Neutral
Bearish
50 DMA, Nifty
11321, Below
Neutral
Bearish
200 DMA, Nifty
10780, Below
Neutral
Bearish
India Vix
19.73, 16.11%
Neutral
Bearish
Dollar/Rupee
74.06, 2.15%
Neutral
Bearish
Overall
S & P 500
Nifty
Bullish Indications
4
2
Bearish Indications
9
13
Outlook
Bearish
Bearish
Observation
The S and P 500 and the Nifty were down
last week. Indicators are bearish.
The markets are on the verge of a
major collapse. Watch those stops.
On the Horizon
US – PPI, CPI, UK GDP
*Nifty
India’s Benchmark Stock Market Index
Raw Data
Courtesy Google finance, Stock
charts, investing.com
**Neutral
Changes less than 0.5% are considered
neutral

 

stock market signals october 08
Weekly Stock Market Outlook

The S and
P 500 and the Nifty were down hard last week. Indicators are
comprehensively bearish for the upcoming week. Looking for significant
under performance in the Nifty going forward on rapidly deteriorating macros. A
major top has been established in
key asset classes like the Euro, stocks and commodities amidst a number of
bearish divergences and Hindenburg omens. This is going to be followed by a
massive selloff and most likely a deflationary collapse. Quantitative
tightening by the FED is yet to be priced in fully. The markets are still
trading well over 3 standard deviations above their long term averages from which
corrections usually result. Tail risk has been very high off late. The critical
levels to watch for the week are 2900
(up) and 2875 (down)
 on the S & P 500 and 10400 (up) and 10200 (down) on
the Nifty. A significant breach of the above levels could trigger
the next big move in the above markets. You can check out last week’s 
report for a comparison.
Love your thoughts and feedback.

via Blogger https://ift.tt/2OK7d8P

Posted in Stock Market | Tagged , , , , , | Leave a comment