Equity Indices Summary for Apr 15, 2019


Major World Indices Technical Analysis Market Overview Report for Apr 15, 2019 | by Techniquant Editorial Team

Highlights

NDX finds buyers at key support level
DAX runs into sellers again around 12029.98
HSI unable to break through key resistance level
NKY rises to highest close since December 3, 2018
FTSE closes below its opening price unable to hold early session gains
SPX finds buyers again around 2896.48
DJIA closes within prior day's range after lackluster session

Summary

With four out of the seven Major World Indices closing lower today, the ones that stand out on the negative side are HSI losing -0.33% and DJIA closing -0.1% lower. On the flipside the best performers have been NKY closing 1.37% higher and DAX gaining 0.17%.

One of today's most interesting market conditions in the Major World Indices showed up in DJIA: Among the three market conditions that our pattern recognition engine identified today, the statistics for the Support/Resistance based market condition "High close to previous High" stand out. While it is usually interpreted as bearish, it has actually shown to be bullish for Dow Indu.. Out of 599 times, DJIA closed higher 55.76% of the time on the next trading day after the market condition occurred. The optimal exit for swing trading this condition on the long side has been after 10 trading days, showing a win rate of 64.11% with an average market move of 0.48%. Read more

Major World Indices Overviews

NDX 7,629.12 0.97 (0.01%) Moving higher for the 2nd day in a row, NDX finished Monday at 7629.12 edging higher $0.97 (0.01%). Today's close at 7629.12 marks the highest recorded closing price since October 3, 2018. Closing within the prior day's range, prices missed to decisively move beyond the previous day's trading range. Read more
DAX 12,020.28 20.35 (0.17%) Moving higher for the 4th day in a row, DAX ended Monday at 12020.28 gaining €20.35 (0.17%). Today's close at 12020.28 marks the highest recorded closing price since October 5, 2018. Trading up to €27.78 lower after the open, the stock index managed to reverse during the session as bulls took control ending the day above its opening price. The last time this happened on April 11th, DAX gained 0.54% on the following trading day. Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range in a lackluster session. Read more
HSI 29,810.72 -99.04 (-0.33%) HSI ended Monday at 29810.72 losing $99.04 (-0.33%). Trading $160.27 higher after the open, the stock index was unable to hold its gains as the bears took control ending the day below its opening price. The last time this happened on April 4th, HSI actually gained 0.47% on the following trading day. Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range. Read more
NKY 22,169.11 298.55 (1.37%) Moving higher for the 3rd day in a row, NKY finished Monday at 22169.11 gaining ¥298.55 (1.37%). Today's close at 22169.11 marks the highest recorded closing price since December 3, 2018. Read more
FTSE 7,436.90 -0.20 (-0.00%) FTSE ended Monday at 7436.87 edging lower £0.23 (-0.0%). Trading £10.02 higher after the open, the market was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range in a lackluster session. Read more
SPX 2,905.58 -1.83 (-0.06%) SPX ended Monday at 2905.58 losing $1.83 (-0.06%). Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range in a lackluster session. Read more
DJIA 26,384.77 -27.53 (-0.10%) DJIA ended Monday at 26384.77 losing $27.53 (-0.1%). Closing within the previous day's range, prices missed to decisively move beyond the prior day's trading range in a lackluster session. Read more

Detailed Reports

Daily technical analysis candlestick chart for Nikkei 225 Index (NKY) as at Jul 18, 2019
Jul 18, 2019
Daily technical analysis candlestick chart for Hong Kong Hang Seng Index (HSI) as at Jul 18, 2019
Jul 18, 2019
Daily technical analysis candlestick chart for FTSE 100 Index (FTSE) as at Jul 17, 2019
Jul 17, 2019
Daily technical analysis candlestick chart for DAX Performance-Index (DAX) as at Jul 17, 2019
Jul 17, 2019
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