Today's interesting charts
Comment of the Day

September 04 2013

Commentary by Eoin Treacy

Today's interesting charts

Singapore – dropped to break the two-year progression of higher reaction lows two weeks ago and a sustained move above 3275 will be now required to question potential for a further test of underlying trading.
Singapore – dropped to break the two-year progression of higher reaction lows two weeks ago and a sustained move above 3275 will be now required to question potential for a further test of underlying trading.

India Nifty 50 – has been subject to some quite intense volatility but potential for a further unwind of the short-term oversold condition can be given the benefit of the doubt provided it holds above 5200.

Nasdaq-100 – continues to firm above 3000, not least because of increased M&A activirty in the tech sector. While valuations are not cheap, a sustained move below the 200-day MA would be required to question the broad consistency of the medium-term uptrend.
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