30th August: Nothing very exciting in the developed world. US and European markets dipped a bit last week. But nothing significant happened. There is a fair support for the Dow at the current level. The 400 day moving average is still holding the S&P500 in bullish territory. See the US page for details.

Asia was largely lacklustre with the exception of Indonesia, which made a new high, and Thailand, which has been on a surge. The weekly chart for the Thai SET made a slight 13 year high, giving hope that this market might be emerging from more than a decade-long range.

I'll be away for a couple of weeks. Next update will be on Monday, 20th September 2010.
 
 

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