Sunday, 2 September 2012

Global Watch - Watch Out For Hand Seng & Nikkei225

DOW JONE = Bullish 
NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Turned Bullish (Potential Closed Over To Bearish)
SHANG HAI = Bearish 
NIKKEI225 = Bullish (Price closed below red lines but no confirmation yet) 
SEOUL = Bearish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
KLCI = Bullish 

Both Hang Seng Index and Nikkei225 have broken below the red lines. There is no confirmation since the shorter time 5 lines did not close below the red lines. We have to watch closely. 

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