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12 noon – Healthy test for DJIA !

August 09, 2010 By: martinwo Category: US Market

FKLI - 9 Aug

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GLOBAL ECONOMIC STRATEGY

August 09, 2010 By: martinwo Category: Guppy

By Daryl Guppy

There are rare times when major economic events all come together. There is increasing evidence that this is one of the times. I suspect that in future years the period 2007 through 2011 will be seen as a major turning point in much the same way as we now refer to the 1929 to 1939 period.

There are three important events in global markets this week. They suggest a significant change is developing. The events are: Read the rest of this entry →

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10:18 am – FKLI moving forming a minor mushroom !

August 09, 2010 By: martinwo Category: Uncategorized

FKLI - 9 Aug

11:30 am – DJIA is holding strong at 10,600 level

August 06, 2010 By: martinwo Category: Uncategorized

DJIA - 6 Aug

INDEX BRIEFS – HANG SENG, HONG KONG

August 06, 2010 By: martinwo Category: Guppy, Market Report

INDEX BRIEFS – HANG SENG, HONG KONG
By Daryl Guppy

The valid pattern is the Hang Seng is the trading band. The move below the trading band was the key signal. The width of the trading band, projected downwards, provided the target support level near 19,500. This was achieved, and acted as a rebound point. This creates a much broader trading band stretching from 19, 500 to 23,000. This trading band pattern will continue to dominate the Hang Seng movement.
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