A major global market turning point / major trend change occurred on Friday night due to a cluster of index technical sell signals generated - S&P500, Nasdaq,...

Angela Mangan

QMG Pty Ltd

A major global market turning point / major trend change occurred on Friday night due to a cluster of index technical sell signals generated - S&P500, Nasdaq, DAX and CAC. This follows the sell signal triggered on the Dow Jones the previous day, and earlier sell signals generated on the ASX200 index, FTSE and Nikkei over recent weeks. Given these index sell signals have occurred in rapid succession is a major technical indicator of the degree of downward momentum that is now in force across key global markets. Significant downside is expected to occur from current levels


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Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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