20.8.2014 - trends
while fighting continues in the Ukraine the government appears to now have the rebels beat, and there are now moves at higher levels towards a some sort of peace agreement.......the europeon markets with recent large rises seem to have settled...... most world markets have moved up strongly since last reporting
US – trending strongly up, nearing all time highs again...
CHINA -trending ever up still
JAPAN – trending sideways
EUROPEAN STOCKS - have been moved up but are now steady......
peace talks on the agenda now in the Ukraine
Our INDEX - our upward trending trading band continues, the price has now oscillated quickly back up to the same level as it was 14 trading days ago, and just a small distance from the top of its trading band.......
a number of sectors have had sharp changes in an upward direction due to full year results of a major stock in that indice
so its most sectors up with two sectors sideways
The sectors - TRENDS
Resources - trending up
Energy trending - very slightly up
finance trending - slightly up
Consumer discretionary - strongly up
Consumer staples - stronglyup
Health - very strongly up
Industrials - up
information technology - sideways
utilities - slightly up
property - strongly up
telecommunications - strongly up
gold - sideways
(the above assumed trends are based on applying a linear retracement band over a period of 2 months ..... i have found that the 2 month period on average gives a reasonable indication of trend..... but certainly not always )
