China:
The Shanghai Index has traded between 2500 and 2560 for 7 days,
with decreasing volumes. However the volume rose when market broke below 2500
on 22 April. Today, 5 Day moving average crossed down 10 Day moving average.
Almost all leading stocks show a sign of top formation. It is very likely that
the market has reached the short term top, and we have finished the major first
wave up since 1664.
Europe:
German, France, UK are still trading within a rising channel.
But all are approaching a very important resistance.
US:
Markets have traded down the triangle shape, but seems trading
in a new pattern of a shower slope.
In terms of time window, today and tomorrow are key days. Watch
out!
Strategy: realise your profit, and be prepared to short.
More analysis below through the links:
| World Stock Market | China Stocks | US Stocks | UK Stocks | Europe Stocks |
