Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI

Commentary: Nothing New. PE

DJIA at 25320.73, -0.0062%, and DAX 12842.30, -0.0048% look stable with a slight dip from Tuesday’s marks Upside for DIA is open to 25750, while DAX could say stable this week.

Note: Watch Key resistance  12900 and 13100 on DAX.

Nikkei at 22934.58, +0.25% is up and could move to 23000-23500 medium term while trading above 22800. Near to medium term looks Bullish to me.

Shanghai at 3065.75, -0.44% looks stable above support at 3050. Then see it breaking South to 3000. Negate that on a bounce above 3100.

Nifty at 10842.85, +0.52% has closed below major resistance at 10850. A clear break above 10850 is needed to move up medium term. Might happen.

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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