The Shanghai Composite Index has rebounded about 15% from its February low, nearing resistance from the 200-day moving average and the down trendline. Caution is advised for potential downside risks.
Posts published in March 2024
SP/TSX rose 0.9% (+201 pts), closed at 21795 points, hit a YTD high. Among the 150 largest-cap stocks, 104 (69%) closed higher. 73% of all TSX stocks ended higher, good…
Nasdaq 100 largely rose 1.6% (+280 pts), closed at 18298 points. Among the 150 largest-cap stocks, 108 (72%) closed higher. 61% of all Nasdaq stocks ended higher. In terms of…
The Hang Seng Index (HSI) is testing the 50-day moving average and two orange trend lines, and they had better stand their ground. On the upside, major resistance is at…
NIFTY 50 slightly rose 0.09% (+19.6 pts), closed at 22494 points, hit a record high. Among the 150 largest-cap stocks, 87 (58%) closed higher. 60% of all NSE stocks ended…
HSI retreated -1.3% (-208 pts), closed at 16230 points, crossed below MA20 (16337 pts). Among the 150 largest-cap stocks, 54 (36%) closed higher. 36% of all HKEX stocks ended higher.…
● Mar 2024 has a net inflow of 18.6 (bil HK$). (middle chart) ● 2024 Southbound Cumulative Fund Flow is above MA20. (bottom chart) ● 2024 has a net fund…
In recent years, the Indian stock market has been a favorite among investors, reaching all-time highs one after another. However, this year, the market has displayed multiple bearish divergence with…
SP/ASX 200 rose 0.4% (+29.7 pts), closed at 7764 points, hit a record high. Among the 150 largest-cap stocks, 102 (68%) closed higher. 56% of all ASX stocks ended higher.…
SP/TSX slightly rose 0.3% (+68 pts), closed at 21594 points, hit a YTD high. Among the 150 largest-cap stocks, 93 (62%) closed higher, 80 of them rose with a lower…