Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI

Commentary: Bears came out again Monday might come today too, we will see. PE

DJIA was closed Monday for Memorial Day.

DJIA at 24753.09 opens Tuesday after being closed Monday. We wait to see when and if it breaks out of the it 24600-25100 range.

DAX at 12863, -74.55, -0.58% fell some on Italian election anxiety, DAXneeds to break below 12800 to garner more Bearishness.

Nikkei at 22274, -206, -0.92% up-ticked Monday,  but it trades lower Tuesday, pulled down by the decline in USD/JPY to 109.00. A break below 22200 will push Nikkei South to 21900.

Shanghai at 3136, +0.03% trading flat Tuesday, may see 3100 this week.

Nifty at 10688.65 printed above 10700 intra-day but then closed below it. It may extend or sees more profit taking.

Have a terrific week

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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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