This weekend I did my regular global macro review. This is when I go country by country analyzing the weekly and daily charts of all of the stock markets around the world. Each chart includes a momentum study (14-period RSI) and a 200 period moving average that we use to help with trend recognition. I trade indexes all over the world, simply because I can. Why wouldn’t I? But even if you don’t, and instead deal strictly in U.S. equities, the value that is derived from going through the process of analyzing all of the international indexes is more valuable than almost anything else we do.
To view the Spreadsheet of the Week and commentary, you must be a free member of All Star Charts. Please login below or create your FREE account now.