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US MARKETS

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Charts current to 20th January 2012

analysis on 23rd January 2012

Updated Mondays, usually at around 1200 gmt


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Global trend inches toward bullishness
23rd January: Last week saw a few interesting things"

US: S&P breaks resistance and now has a chance at 1,360.
Emerging markets etf, EEM, broke out of a tiny bottom. Many Asian markets are turning bullish: Hongkong, Philippines, Korea and maybe Thailand and Singapore.
Europe: EFA, the Europe, Japan and Australia etf is starting to make a bottom.

All of these factors suggest that the global trend is turning more bullish.

gb

 
   
 
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