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)
SPX 500 – Just touched the 200 Week Moving Average(3599) for this week.
DAX – Trading Down below 200 Week Moving Average (13320)
CAC40 – Touched 200 Week Moving Average (5799) and bounced a little
Hang Seng – Way down below 200 Weekly Moving Average (25497). Strong Bear Market for the last 4.5 years.
Shangai Composite – Just Down below 200 Week Moving Average (3190)
Nikkei 225– Trading above 200 Weekly Moving Average (24924)
RTSI – Trading below 200 Weekly Moving Average (1346)
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?
