World Stock Markets Are Turning Over

DAX

The German DAX has completed a H&S top with a down slanted neckline on the weekly chart. H&S tops with down slanted necklines are generally more reliable and powerful than H&S tops with an up slanted neckline.

 

World Stock Markets are turning over - Peter Brandt - Factor

Nifty/INDA

The Nifty 50 has broken its dominant trendline. INDA has completed 15-month H&S top. Factor is short INDA.

 

 

SGX China A50

The dominant chart construction is a possible 15-week rectangle on the daily SGX China A50 chart. I am willing to take a shot at the short side if this pattern is completed.

 

 World-Stock-Markets-are-turning-over-china-peter-brandt-factor

 

Taiwan Index

The weekly chart is a textbook example of a complex H&S top pattern. Factor is flat – I count this as a missed trade.

 

 

Factor Membership

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Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:

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Factor Trading - An Introduction

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