Market Signals For The US Stock Market And Indian Stock Market - Tuesday, May 25

Indicator

Weekly Level / Change

Implication for

S&P 500

Implication for Nifty*

S&P 500

4156, -0.43%

Neutral

Neutral

Nifty

15175, 3.39%

Neutral **

Bullish

China Shanghai Index

3487, -0.11%

Neutral

Neutral

Gold

1882, 1.87%

Bullish

Bullish

WTIC Crude

63.87, -2.29%

Bearish

Bearish

Copper

4.51, -3.12%

Bearish

Bearish

Baltic Dry Index

2869, -2.38%

Bearish

Bearish

Euro

1.2181, 0.34%

Neutral

Neutral

Dollar/Yen

108.96,- 0.36%

Neutral

Neutral

Dow Transports

15476, -2.77%

Bearish

Bearish

High Yield (Bond ETF)

108.75, -0.06%

Neutral

Neutral

US 10 year Bond Yield

1.62%, -0.64%

Bullish

Bullish

NYSE Summation Index

536, -10.25%

Bearish

Neutral

US Vix

20.15, 7.12%

Bearish

Bearish

Skew

145

Bearish

Bearish

20 DMA, S&P 500

4166, Below

Bearish

Neutral

50 DMA, S&P 500

4091, Above

Bullish

Neutral

200 DMA, S&P 500

3723, Above

Bullish

Neutral

20 DMA, Nifty

14774, Above

Neutral

Bullish

50 DMA, Nifty

14736, Above

Neutral

Bullish

200 DMA, Nifty

13323, Above

Neutral

Bullish

S&P 500 P/E

44.15

Bearish

Neutral

Nifty P/E

29.48

Neutral

Bearish

India Vix

19.08, -5.86%

Neutral

Bullish

Dollar/Rupee

72.82, -0.63%

Neutral

Bullish

 

 

Overall

 

 

S&P 500

 

 

Nifty

 

 

Bullish Indications

4

8

 

Bearish Indications

9

7

 

Outlook

Bearish

Bullish

 

Observation

The S&P fell and the Nifty rallied last week. Indicators are mixed for the week.

The markets are about to begin a great depression-style collapse. Watch those stops.

   

On the Horizon

Eurozone – German GDP, US - GDP

   

*Nifty

India’s Benchmark Stock Market Index

   

Raw Data

Courtesy Stock charts, investing.com, multpl.com, NSE

   

**Neutral

Changes less than 0.5% are considered neutral

 
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Disclaimer: The views expressed here are my own and must not be taken as advice to buy or sell securities.

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