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Saturday, May 11, 2013

Addendum to "Money Flow for May Week 2"

Further to, and as an addendum to my latest Weekly Market Update, I've provided the following percentage gained/lost graphs (without commentary) for the purposes of simply seeing, at a glance, where money flow has been directed this past week in various world markets (mostly a "risk-on" week, with some variances), and to see the "outliers"...that is, which markets gained or lost an exceptional amount compared to the others (e.g., What's up with Greece?).

Furthermore, you'll see the updated Year-to-date Daily charts below for the 6 Major Indices showing their channels and Fibonacci fan lines, as I mentioned in that weekly market post...clearly, the Nasdaq 100 and Utilities are the leading "outliers" to the upside and downside at the moment in relation to their channels and Fib fan lines.