The International Market Snapshot

The charts below are a highlight of trading range charts for 22 equity markets around the world. The blue shading represents one standard deviation above and below the index's 50-day moving average, while the red and green shading represent 2 standard deviations above and below. It's no surprise that equity markets have gotten slaughtered around the globe, but highlighting the declines through these charts shows just how bad things have gotten. At some point these indices will move back into the middle and top of their trading ranges.




Related Posts :

1. 16/10/08 Market Recap-Extremely Volatile Trading Day
2. Energy Funds and Stocks Will Move in the Opposite Direction Against Swinging Oil Prices
3. Commodities Will Pull Back Due to LoC Frozen
4. The Market Has Almost Wiped Out the Gains From Monday's Historic Rally

Sources :

Bespoke Investment Group: Bespoke's International Market Snapshot, October 16, 2008 at 12:56 pm

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