Monday, August 23, 2010

Review of all the world indices of importance

This Colin Twiggs guy has been around.

He does alot of chart with horizontal support/resistance...too much methinks. However this is a nice way to review charts quickly, so use it.

The overall trend is down. Maybe only India looks bullish.

Please comment.

1 comment:

  1. Everything does look bearish, and that's a little bit on the weird side, don't you think? I really am torn between saying, 'yep, in the crapper', and 'hmmm, this looks like a set-up to nab the apocalypse crowd and steal all their money'.

    Maybe I'm too skeptical. One thing, I don't think financial Armageddon will telegraph its big move so transparently.

    But maybe it will.....;-)

    Colin is a-ok, but those horizontals are reeeeeally overdone, as you say.


Insightful and Useful Comment!