Weekly Stock Market Signals looks at 17 different parameters to understand near term trends of the US and Indian stock market indices.

1. Weekly Stock Market Signals for the US and Indian Stock Market ,
Week of May 4, 2015
Ahead of the Curve, http://rajveersmarketviews.blogspot.in Page 1
Indicator
Weekly Change /
Significance
Implication for S & P
500 Implication for Nifty*
S & P 500 -0.40% Bearish Bearish
Nifty -1.50% Neutral Bearish
Gold -0.20% Neutral Neutral
WTIC Crude 3.20% Bullish Bearish
Copper 7.30% Bullish Bullish
Baltic Dry Index -2.20% Bearish Bearish
Euro 3.00% Bullish Bullish
Yen -1.10% Bullish Bullish
Dow Transports -1.60% Bearish Bearish
Nyse Summation Index -14.10% Bearish Bearish
US Vix 3.30% Bearish Bearish
20 DMA, S and P 500 Above Bullish Neutral
50 DMA, S and P 500 Above Bullish Neutral
200 DMA, S and P 500 Above Bullish Neutral
20 DMA, Nifty Below Neutral Bearish
50 DMA, Nifty Below Neutral Bearish
200 DMA, Nifty Below Neutral Bearish
Overall S & P 500 Nifty
Bullish Indications 7 3
Bearish Indications 5 10
Outlook Marginally Bullish Bearish
Observation
Summation index and
Vix are flashing warning
signs
On the Horizon
US Payrolls, Greece, UK
elections
*Nifty India’s Bench Mark Stock Index
Raw Data
Courtesy yahoo finance, Stock
charts