RRG Charts – Short Term Outlook
RRG Charts – Daily Charts with S&P 500 as benchmark index indicates possible short term out-performance in Brazil Bovespa, Shanghai Composite, Hangseng and BSE Sensex as Momentum is relatively increasing and currently all the indices are revolving in the improving quadrant. However falling momentum and transition from leading to weakening quadrant indicates a possible short term under performance from Europrean indices like DAX, CAC & FTSE relative to S&P500.
RRG Charts – Medium Term Outlook
RRG Charts – Weekly frequency with with S&P 500 as benchmark index indicates possible underperformance in the medium term from most of the major world indices ( BSE Sensex, Brazil Bovespa, DAX, CAC, FTSE, Nikkei, Hang Seng, Shanghai Composite ) as the relative momentum is falling relative to S&P500.