Unlock stock market insight: Identify global opportunities as a summary of STOCKCHARTS | Chart watch

The US stock market recently painted subtle pictures. The wider index is as follows: S & P 500 ($ SPX), Nasdaq composite ($ compq) and Dow Jones Industrial Average ($ indu) is actually grinded, and daily exercise has been relatively conquered. This is a noticeable change in more dynamic actions we observed in April.

Investors may be waiting for Wednesday Wednesdays for the Consumer Price Index (CPI), the US-HINA trade negotiations, or the news headline moving in the next market. What is encouraging is the fundamental strength of the market width. We are seeing the newest one -month highs for most extensive indexes (except Dow Utilities), the tendency of optimistic index signals, and investors who are attracted to aggressive and defense sectors.

On the surface, everything refers to the continuous trend. However, the main goal of investors is to protect our capital. This means that we must always take into account the possibility of modifying disadvantages and prepare to adapt.

Where is this StockCharts Market Summary The page is an essential tool for market analysis.

Let’s take a look at how the market summary page will help you get a unique perspective on market epidemiology.

Beyond the headline: Discover global trends

One of the powerful features of the market summary page is Chart and tools Your tab dashboardIt is the ability to provide global snapshots. you Global snapshot tab of stock panels and “+/- SMA (200)“If you open it in the order of descending, you can see that it is fascinating. The eurozone is at the top and the US is at the bottom (see the image below).

Figure 1. Global snapshot. The eurozone is much higher than the 200 -day simple SMA, while the United States is only 4.37%of the 200 -day SMA.Image Source: Stockcharts.com. For educational purposes.

This insight suggests that the global market is much higher than the 200 -day simpler moving average than the US market. This insight is worth deeper diving.

Consider the daily chart Ishares MSCI Eurozone ETF (Sufficient) and Vanguard Total Stock Market ETF (VTI) It acts as a proxy of this area.

Since April 8, EZU has risen steep and has shown upward momentum. This price is similar to S & P 500, but SPDR S & P 500 (Spy) vs. EZU, spy lowers EZU (see the bottom panel of the chart below).

Figure 2. Daily chart of ezu. The ETF shows a steep rise and surpasses the spy. Does the trend continue to grow steep or steep? Monitor RSI.Chart Source: Stockcharts.com. For educational purposes.

The relative robbery index (RSI) shows the lack of exercise. In general, the steep trend loses imitation after a while and returns to a more common trend.

Meanwhile, VTI was higher, but slightly lower than EZU. Also, when EZU has a record high, VTI still tries to reach its milestone (see the chart below).

Figure 3. Daily chart of VTI. The ETF is also rising steep, but is working hard to reach a record high.Chart Source: Stockcharts.com. For educational purposes.

RSI can mean that a steep rise can lose steam due to lack of momentum similar to EZU.

Identify global opportunities

It will be interesting to see how the global financial market evolves here. Who returns to the more general sloping trend? Will Ezu keep on or by VTI?

And do not forget the global ETF in the middle of the pack. It can be led by regions such as Asia (Japan), Latin America or emerging markets. for example, Vanguard FTSE Emerging Markets ETF (VWO) showed a more classic trend. In the past year, the spy has excellent 127% performance (see the chart below). RSI is also showing greater propulsion than other charts we analyzed.

Figure 4. Daily chart of VWO. The ETF is showing a more normal trend and spy last year to 127%. RSI also rises to suggest that there may be propulsion.Chart Source: Stockcharts.com. For educational purposes.

We give authority to the stock market analysis

In order to find a hidden gem ahead of the market trend, investors and traders must regularly monitor the chart on the market summary chart. If not yet, download the StockCharts Market Summary Chart Pack. (Free for subscribers).

Scrolling a list of pre -built charts will help:

• Maintain market price behaviors in sectors, industries and global areas.
• Identify the inside of the market, such as width and emotion.
• Find a hidden gem that can be switched to a favorable investment opportunity.

disclaimer: This blog is used only for educational purposes and should not be interpreted as fiscal advice. You should not use ideas and strategies without evaluating your personal and financial situations first or consulting financial experts.