Indicator
|
Weekly Level / Change /
Significance
|
Implication for
S & P 500
|
Implication for Nifty*
|
S & P 500
|
2123, 0.31%
|
Neutral**
|
Neutral
|
Nifty
|
8262, 0.90%
|
Neutral
|
Bullish
|
China Shanghai Index
|
4309, 2.44%
|
Bullish
|
Bullish
|
Gold
|
1223, 3.02%
|
Bullish
|
Bullish
|
WTIC Crude
|
59.96, 0.82%
|
Bullish
|
Bullish
|
Copper
|
2.93, 0.58%
|
Bullish
|
Bullish
|
Baltic Dry Index
|
634, 10.45%
|
Bullish
|
Bullish
|
Euro
|
1.146, 2.29%
|
Bullish
|
Bullish
|
Dollar/Yen
|
119.35, 0.39%
|
Neutral
|
Neutral
|
Dow Transports
|
8681, -0.98%
|
Bearish
|
Bearish
|
Nyse Summation Index
|
254, -17%
|
Bearish
|
Bearish
|
US Vix
|
12.38, -3.73%
|
Bullish
|
Bullish
|
20 DMA, S and P 500
|
2105, Above
|
Bullish
|
Neutral
|
50 DMA, S and P 500
|
2089, Above
|
Bullish
|
Neutral
|
200 DMA, S and P 500
|
2033, Above
|
Bullish
|
Neutral
|
20 DMA, Nifty
|
8283, Below
|
Neutral
|
Bearish
|
50 DMA, Nifty
|
8522, Below
|
Neutral
|
Bearish
|
200 DMA, Nifty
|
8299, Below
|
Neutral
|
Bearish
|
India Vix
|
19.82, 3.7%
|
Neutral
|
Bearish
|
Dollar/Rupee
|
63.38, -0.5%
|
Neutral
|
Bullish
|
Overall
|
S & P 500
|
Nifty
|
|
Bullish Indications
|
10
|
9
|
|
Bearish Indications
|
2
|
6
|
|
Outlook
|
Bullish
|
Bullish
|
|
Observation
|
The S and P 500 is at the
top of its trading range close to all time highs while the Nifty is sitting
just below its 20 and 200 DMA. The summation index and transports are still
diverging.
|
||
On the Horizon
|
Greece, EU and UK
Inflation Data, EU Consumer confidence, Japanese GDP, US and Canada CPI
|
||
*Nifty
|
India’s
Benchmark Stock Index
|
||
Raw Data
|
Courtesy
Google finance, Stock charts
|
||
**Neutral
|
Changes
less than 0.5% are considered neutral
|
||
Hershey Company (The) (NYSE:HSY) CFO Steven E. Voskuil Sells 5,000 Shares
-
Hershey Company (The) (NYSE:HSY – Get Free Report) CFO Steven E. Voskuil
sold 5,000 shares of the business’s stock in a transaction dated Monday,
July 21st...
11 minutes ago