In this post we try to understand state of the Global Markets , Current Investing sentiment across the globe and where the global markets are trading in relation to 200 Week Moving Average.
Nifty 50 – Trading way above 200 Week Moving Average (13698)
SPX 500 – Just touched the 200 Week Moving Average(3599) for this week.
DAX – Trading Down below 200 Week Moving Average (13320)
CAC40 – Touched 200 Week Moving Average (5799) and bounced a little
Hang Seng – Way down below 200 Weekly Moving Average (25497). Strong Bear Market for the last 4.5 years.
Shangai Composite – Just Down below 200 Week Moving Average (3190)
Nikkei 225– Trading above 200 Weekly Moving Average (24924)
RTSI – Trading below 200 Weekly Moving Average (1346)
Observation
Most of the World Markets are below the 200 Weekly Moving Average or just touched and only Nifty50 and Nikkei 225 indices are hanging in green. And majority of the investing sentimented is largely negative across the world. If you are a investor out there what is your thought process while the sentiments weaken. Do you think this is the right time to invest in companies or one have to wait for more panic to invest when more blood is flooded on the streets?
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