Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI

Commentary: Tuesday’s futures are in the Green. PE

DJIA at 25013.29, +1.21% tested at 25086 intra-day. The break above 25000, if it holds, has turned DIA Bullish medium term for a move to 25600 and higher.

DAX at 13077.72, -0.28% was closed Monday, but overall DAX looks Bullish to 13300-13400. the 1st Key support is 13000.

Nikkei at 22997.41, -0.022% is testing support, while it holds, near term looks Bullish to me. A Northside move to 23200-23400 is seen near term.

Shanghai at 3196.69, -0.55% might move to 3250 or higher, and while it trades above 3150-3200, my view is Bullish.

Nifty at 10516.70, -0.75% is Bearish in here. A fall to 10440-10400 is possible now..

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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