Global Market Snapshot

Below we highlight our trading range charts for 22 key equity markets around the world.  The light blue shading represents one standard deviation above and below each index's 50-day moving average.  The green shading represents between one and two standard deviations below the 50-day, and vice versa for the red shading. 

Most countries continue to trade into oversold territory, but some have been getting hit extra hard while others have rallied off of their lows.  Some countries that failed to bounce off the July lows include Brazil, China, Hong Kong, Malaysia, Mexico, Russia and South Africa.  On the other hand, India, most of Europe, and the US have come off their lows and are testing their 50-day moving averages.

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Comments

[bruin532:]

Wheres EWO

2008 Aug 11 10:23 AM