Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Global Markets and 200 Weekly Moving Average – Oct 2022 Updates

47 sec read

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)

Indian Market

SPX 500 – Just touched the 200 Week Moving Average(3599) for this week.

SPX 500 – US Market

DAX – Trading Down below 200 Week Moving Average (13320)

DAX – German Markets

CAC40 – Touched 200 Week Moving Average (5799) and bounced a little

CAC40 – France Market

Hang Seng – Way down below 200 Weekly Moving Average (25497). Strong Bear Market for the last 4.5 years.

Hong Kong – Market

Shangai Composite – Just Down below 200 Week Moving Average (3190)

Chinese Market

Nikkei 225– Trading above 200 Weekly Moving Average (24924)

Japanese Market

RTSI – Trading below 200 Weekly Moving Average (1346)

Russian Market

Observation

Most of the World Markets are either below the 200 Weekly Moving Average or just touched 200 Weekly MA and only Nifty50 and Nikkei 225 indices are hanging above 200 Weekly MA. And the majority of the investing sentiments are largely negative across the world. If you are an investor out there what is your thought process while the sentiments weaken further? Do you think this is the right time to invest in companies or does one has to wait for more panic to invest when more blood floods on the streets?

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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