While US markets continue to work higher, farther afield markets continue to struggle to regain 2009 momentum. The BSE 100 index has yet to mount a challenge of January highs with a trading range emerging between 8,400 and 9,400.
With US markets pushing higher it's looking more favourable the Indian BSE exchange will follow suit. Should US markets drop below their January highs it would be a negative signal to the global market, pushing the BSE to the lower end of its range and perhaps a breakdown.
The Trading Strategies published by our members will take these movements in their stride; exiting to protect profits or limit losses while offering new opportunities to both long and short strategies; 106 trading strategies are available for FREE during Beta. Why not build the 107th in our trading system builder.
ASX Oak
Short Exit at Stop for COH (Sydney) at AU$70.47
ASX Price x 20-day MA
New Long Target and Stop for COH (Sydney) at AU$70.18 (EoD): Target AU$74.02, Stop AU$66.97
Long Confirmation Entry for ORG (Sydney) at AU$16.56
BSE Zignals
Long Confirmation Entry for GLXO (Mumbai) at INR1743.5
Long Exit at Stop for HPCL (Mumbai) at INR317.7
ETF Elm
Long Entry for DDM (NYSE) at $46.52
Long Entry for UWM (NYSE) at $32.44 (EoD) on 22 Mar 10
ETF Heaven - Medium
ETF Heaven - Medium Long Entry for UWM (NYSE) at $32.44
ETFs Oak
New Short Target and Stop for QID (NYSE) at $16.86 (EoD): Target $15.14, Stop $18.50
Frankfurt High Winners
Long Confirmation Entry for PFV (Frankfurt) at €57.62
Long Confirmation Entry for SY1 (Frankfurt) at €16.82
New Long Target and Stop for LXS (Frankfurt) at €33.44 (EoD): Target €36.26, Stop €32.81
Long Exit at Trailing Stop for TKA (Frankfurt) at €24.48
Long Entry for MRK (Frankfurt) at €60.40 (EoD)
India Oak
Short Entry for ZEE (Mumbai) at INR270.4
Short Confirmation Entry for DLFL (Mumbai) at INR307.6
Short Entry for ESRO (Mumbai) at INR137.8
Short Entry for NEST (Mumbai) at INR2660.3
Indian High Winners
Long Exit at Trailing Stop for BHEL (Mumbai) at INR2345.6
UK Golden Brown
New Long Target and Stop for TIK (London) at 163p (EoD): Target 181p, Stop 148p
New Long Target and Stop for CCT (London) at 96p (EoD): Target 106p, Stop 87p
Long Entry for CRW (London) at 376p (EoD) on 22 Mar 10
Long Entry for LCG (London) at 130p (EoD) on 22 Mar 10
UK High Winners
Long Exit at Trailing Stop for BBAY (London) at 354p
Long Exit at Trailing Stop for MAI (London) at 147p
Long Confirmation Entry for TEP (London) at 287p
Long Entry for CRW (London) at 376p (EoD)
New Long Target and Stop for CCT (London) at 96p (EoD): Target 106p, Stop 92p
Long Confirmation Entry for LCG (London) at 130p (EoD)
New Long Target and Stop for TIK (London) at 163p (EoD): Target 173p, Stop 157p
Long Entry for MTEC (London) at 225p
US Elm
Long Entry for CAT (NYSE) at $58.86
Long Confirmation Entry for AAPL (Nasdaq) at $220.9
Long Entry for C (NYSE) at $3.90
Long Entry for CSCO (Nasdaq) at $25.96
US Oak
Short Exit at Stop for DIS (NYSE) at $34.19 (EoD) on 22 Mar 10
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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies for global markets under the user id: ‘Fallond’, ‘ETFTrader’ and ‘Z_Strategy’ available through the latest rich internet application for finance, the Zignals MarketPortal or the Zignals Trading Strategy MarketPlace.
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