Market Signals for the US S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning October 12

Indicator	Weekly Level / Change / Significance	Implication for S & P 500	Implication for Nifty*
S & P 500	2015, 3.26%	Bullish	Bullish
Nifty	8190, 3.05%	Neutral**	Bullish
China Shanghai Index	3183, 4.27%	Bullish	Bullish
Gold	1156, 1.58%	Bullish	Bullish
WTIC Crude	49.50, 8.39%	Bullish	Bullish
Copper	2.42, 3.18%	Bullish	Bullish
Baltic Dry Index	809, -9.00%	Bearish	Bearish
Euro	1.1358, 1.32%	Bullish	Bullish
Dollar/Yen	120.22, 0.27%	Neutral	Neutral
Dow Transports	8253, 4.82%	Bullish	Bullish
US 10 year Bond Yield	2.10%, 5.53%	Bearish	Bearish
Nyse Summation Index	-75, 83.42%	Bullish	Neutral
US Vix	17.08, -18.43%	Bullish	Bullish
20 DMA, S and P 500	1957, Above	Bullish	Neutral
50 DMA, S and P 500	1993, Above	Bullish	Neutral
200 DMA, S and P 500	2062, Below	Bearish	Neutral
20 DMA, Nifty	7940, Above	Neutral	Bullish
50 DMA, Nifty	8097, Above	Neutral	Bullish
200 DMA, Nifty	8378, Below	Neutral	Bearish
India Vix	18.92, -1.61%	Neutral	Bullish
Dollar/Rupee	64.71,-0.78%	Neutral	Bullish
Overall	S & P 500	Nifty
Bullish Indications	11	13
Bearish Indications	3	3
Outlook	Bullish	Bullish
Observation	The Sand P 500 and the Nifty were up last week. Indicators are bullish. The Vix is back in complacency mode. We are entering a weak period for risk assets globally and declines are likely in both indices in the upcoming months following this bounce.
On the Horizon	China loan data, China, US, UK and New Zealand CPI, US Fed Beige Book, Australia employment data, Euro zone ZEW sentiment survey, US retail sales and consumer confidence.
*Nifty	India’s Benchmark Stock Market Index
Raw Data	Courtesy Google finance, Stock charts, FXCM
**Neutral	Changes less than 0.5% are considered neutral

The markets rallied last week. Signals are bullish for the upcoming week and this bounce is on the verge of completion. The S and P 500 and several global indices are completing massive bear flags which should resolve to the downside. The markets are expected to encounter resistance at higher levels on any bounces, with the 2020-2030 zone on the S and P 500 acting as major resistance. There will be more downside upcoming in the #Nifty and the S and P 500, with at least a retest of the lows for the S and P 500 near 1867 and Nifty near 7550 in the upcoming months. You can check out last weeks report for a comparison. You can also check out snapshots of the S and P 500 and Nifty Indices. Love your thoughts and feedback.

Market Signals for the Nifty and S and P 500 for the week beginning October 5 http://t.co/n4W3XEtnOT pic.twitter.com/24leSBhKTq

— samuelR (@RajveerRawlin) October 11, 2015

Interesting Market News and Views from global financial markets-1

1) George Soros Bets $1.3 Billion on Stock Market Crash

From www.youtube.com - October 5, 8:06 PM

In today's video, Christopher Greene of AMTV reports on George Soros and his massive put on the stock market.

 2) The stock market's crashing again. What should I do with my super? - The Guardian

From www.theguardian.com -October 5, 8:06 PM

There are ways to ensure your nest egg is not hit too hard in volatile times, and one is to be aware of how your super is tracking and how you can improve on it "

3) Short The S&P 500 - Seeking Alpha

From seekingalpha.com - October 5, 8:02 PM

The unemployment rate is better than it's been in 67% of all months since 1948.With 64 straight months of employment gains, investors need to wake up the possibility that change is afoot.When employment..."

4) Spectre Of Deflation Returns To Eurozone - DailyForex.com

From www.dailyforex.com - October 5, 8:02 PM

As fears go, deflation in the Eurozone is greatly overdone, in my opinion. Deflation is the mirror image of inflation and simply means that prices are falling, rather than rising.

5) 5 Technologies That Could Drive Solar Energy Growth for Decades -- The Motley Fool

From www.fool.com - October 5, 8:00 PM

The Motley Fool is a multimedia financial-services company that provides financial solutions for investors through various stock, investing, and personal finance products.

6) Top 5 Reasons To Fear A Stock Market Collapse

From www.youtube.com - October 5, 7:58 PM

BullishMoney | With poor results from the September 2015 Jobs Report, investors are fundamentally concerned about a potential stock market crash in the Dow ..."

Here are some more interesting market news and views.

Interesting articles and videos from Economics & Financial Markets http://t.co/bd7GKf2H5x pic.twitter.com/uc4qKVyrce

— samuelR (@RajveerRawlin) October 6, 2015

Market Signals for the US S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning October 5

Indicator	Weekly Level / Change / Significance	Implication for S & P 500	Implication for Nifty*
S & P 500	1951, 1.04%	Bullish	Bullish
Nifty	7951, 1.05%	Neutral**	Bullish
China Shanghai Index	3053, -1.28%	Bearish	Bearish
Gold	1138, -0.69%	Bearish	Bearish
WTIC Crude	45.66, 0.71%	Neutral	Neutral
Copper	2.35, 2.78%	Bullish	Bullish
Baltic Dry Index	889, -5.73%	Bearish	Bearish
Euro	1.121, 0.14%	Neutral	Neutral
Dollar/Yen	119.89, -0.59%	Bearish	Bearish
Dow Transports	7874, 0.29%	Neutral	Neutral
US 10 year Bond Yield	1.99%, -8.26%	Bullish	Bullish
Nyse Summation Index	-452, -23.63%	Bearish	Neutral
US Vix	20.94, -11.35%	Bullish	Bullish
20 DMA, S and P 500	1945, Above	Bullish	Neutral
50 DMA, S and P 500	2002, Below	Bearish	Neutral
200 DMA, S and P 500	2063, Below	Bearish	Neutral
20 DMA, Nifty	7823, Above	Neutral	Bullish
50 DMA, Nifty	8131, Below	Neutral	Bearish
200 DMA, Nifty	8378, Below	Neutral	Bearish
India Vix	19.24, -7.89%	Neutral	Bullish
Dollar/Rupee	65.22,-1.38%	Neutral	Bullish
Overall	S & P 500	Nifty
Bullish Indications	5	8
Bearish Indications	7	6
Outlook	Bearish	Bullish
Observation	The Sand P 500 and the Nifty were up last week after the S and P held prior lows. Indicators are mixed. We are entering a weak period for risk assets globally and declines are likely in both indices in the upcoming months.
On the Horizon	US ISM data, Australia and UK rate decisions, Canada and Swiss employment data, US Fed minutes.
*Nifty	India’s Benchmark Stock Market Index
Raw Data	Courtesy Google finance, Stock charts, FXCM
**Neutral	Changes less than 0.5% are considered neutral

The markets bounced off support last week. Signals are mixed for the upcoming week and markets are in #crash mode. The #SandP500 and several global indices are completing massive bear flags which are resolving to the downside. The markets are expected to encounter resistance at higher levels on any bounces, with the 1980-1990 zone on the S and P 500 acting as major resistance. There will be more downside upcoming in the #Nifty and the S and P 500, with at least a retest of the lows for the S and P 500 near 1867 and Nifty near 7550 in the upcoming days. You can check out last weeks report for a comparison. You can also check out snapshots of the S and P 500 and Nifty Indices. Love your thoughts and feedback.

Market Signals for the Nifty and S and P 500 for the week beginning October 5 http://t.co/XYtKFGrycl pic.twitter.com/RUGIBMbVrL

— samuelR (@RajveerRawlin) October 4, 2015