Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning November 9

Indicator	Weekly Level / Change / Significance	Implication for S & P 500	Implication for Nifty*
S & P 500	2099, 0.95%	Bullish	Bullish
Nifty	7954,- 1.38%	Neutral**	Bearish
China Shanghai Index	3590, 6.13%	Bullish	Bullish
Gold	1089, -4.62%	Bearish	Bearish
WTIC Crude	44.52, -4.03%	Bearish	Bearish
Copper	2.24, -3.15%	Bearish	Bearish
Baltic Dry Index	631, -12.48%	Bearish	Bearish
Euro	1.0743, -2.40%	Bearish	Bearish
Dollar/Yen	123.17, 2.07%	Bullish	Bullish
Dow Transports	8241, 1.39%	Bullish	Bullish
US 10 year Bond Yield	2.33%, 8.46%	Bearish	Bearish
Nyse Summation Index	503, 21.99%	Bullish	Neutral
US Vix	14.33, -4.91%	Bullish	Bullish
20 DMA, S and P 500	2060, Above	Bullish	Neutral
50 DMA, S and P 500	1997, Above	Bullish	Neutral
200 DMA, S and P 500	2063, Above	Bullish	Neutral
20 DMA, Nifty	8149, Below	Neutral	Bearish
50 DMA, Nifty	7988, Below	Neutral	Bearish
200 DMA, Nifty	8375, Below	Neutral	Bearish
India Vix	19.47, 8.91%	Neutral	Bearish
Dollar/Rupee	66.06, 1.03%	Neutral	Bearish
Overall	S & P 500	Nifty
Bullish Indications	9	5
Bearish Indications	6	12
Outlook	Bullish	Bearish
Observation	The Sand P 500 was up and the Nifty significantly under performed last week. Indicators are bullish for the S & P but bearish for the Nifty. The Vix is still indicating complacency. Looking for a pull back soon.
On the Horizon	Australia – Employment data, China – Loan data, CPI, Euro Zone – German & Euro zone GDP, U.S – Retail Sales, 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 US market was up last week while the Nifty sold off sharply. Signals are mixed for the upcoming week and the recent rally is on the verge of completion. The markets are likely to correct soon, with most emerging markets, and commodities already breaking down on a strong dollar and a hawkish FED. 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 week’s report for a comparison. You can also check out snapshots of the S and P 500 and Nifty Indices. Love your thoughts and feedback.

Interesting Market News and Views from Global Financial Markets-5

1) As China's Stock Market Crashed, These Hedge Funds Rose 70% - Bloomberg

From www.bloomberg.com - November 2, 3:32 PM

China’s summer market selloff wasn’t a total rout if you were one of the country’s top-performing hedge funds that gained an average 70 percent as almost 1,300 other funds were wiped out."

2) Europe in Deflation: Got (cheap) Milk? - The Market Oracle

From www.marketoracle.co.uk - November 2, 3:30 PM

Europe in Deflation: Got (cheap) Milk? :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website"

3) S&P 500 Earnings On Track For First Fall Since 2009 - Investor's Business Daily

From news.investors.com -November 2, 3:29 PM

S&P 500 companies appear set for their first year-over-year earnings decline since 2009, led by energy woes and a sluggish global economy."

4) Wall Street's October stock-market performance was scary good - MarketWatch

From www.marketwatch.com - November 2, 3:29 PM

What a difference a couple months can make. Shrugging off global-growth fears that dogged the market back in August, Wall Street managed to log one of its best monthly gains in years."

5)The global stock market crash, explained

From www.vox.com - November 2, 3:29 PM

Why investors in Europe, China, and the United States all got spooked on Monday."

6) Memo to Bulls: Stock Market Crash Looming in 2016 - Profit Confidential

From www.profitconfidential.com - November 2, 3:27 PM

The bulls are starting break open the champagne, but the chance of a stock market crash in 2016 is growing."

Market Signals for the US stock market S and P 500 Index and Indian Stock Market Nifty Index for the Week beginning November 2

Indicator	Weekly Level / Change / Significance	Implication for S & P 500	Implication for Nifty*
S & P 500	2079, 0.20%	Neutral	Neutral
Nifty	8066,- 2.77%	Neutral**	Bearish
China Shanghai Index	3383, -0.88%	Bearish	Bearish
Gold	1142, -1.92%	Bearish	Bearish
WTIC Crude	46.39, 3.71%	Bullish	Bullish
Copper	2.32, -1.38%	Bearish	Bearish
Baltic Dry Index	721, -6.85%	Bearish	Bearish
Euro	1.1007, -0.07%	Neutral	Neutral
Dollar/Yen	120.61, -0.70%	Bearish	Bearish
Dow Transports	8128, -2.02%	Bearish	Bearish
US 10 year Bond Yield	2.15%, 3.26%	Bearish	Bearish
Nyse Summation Index	412, 10.55%	Bullish	Neutral
US Vix	15.07, 4.22%	Bearish	Bearish
20 DMA, S and P 500	2034, Above	Bullish	Neutral
50 DMA, S and P 500	1980, Above	Bullish	Neutral
200 DMA, S and P 500	2062, Above	Bullish	Neutral
20 DMA, Nifty	8172, Below	Neutral	Bearish
50 DMA, Nifty	8016, Above	Neutral	Bullish
200 DMA, Nifty	8375, Below	Neutral	Bearish
India Vix	17.88, 10.42%	Neutral	Bearish
Dollar/Rupee	65.39, 0.58%	Neutral	Bearish
Overall	S & P 500	Nifty
Bullish Indications	5	2
Bearish Indications	8	13
Outlook	Bullish	Bullish
Observation	The Sand P 500 was unchanged and the Nifty significantly under performed last week. Indicators are bearish. The Vix is still indicating complacency. Looking for a top soon.
On the Horizon	Australia – RBA rate decision, New Zealand – Employment data, Canada - Employment data, U.K – Asset Purchases, BOE rate decision, U.S – ISM, Employment data.
*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 US market was unchanged last week while the Nifty sold off sharply. Signals are bearish for the upcoming week and the recent bounce is on the verge of completion. The markets are likely top out soon, with most emerging markets and commodities already breaking down. 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. Love your thoughts and feedback.

Market Signals for the US & Indian Stock Market for the Week Beginning November 2 https://t.co/IKMVh8dO30 pic.twitter.com/9ZKNGcl6LP

— samuelR (@RajveerRawlin) November 1, 2015