The dollar strengthened against the yen (USD/JPY), moving back to where it began yesterday.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| JNK $39.83 | ||||||||
| GLD $113.72 | ||||||||
| USO $39.50 | ||||||||
| EEM $41.72 | ||||||||
| EUR/USD $1.3184 | ||||||||
| USD/JPY ¥93.92 |
By all key measures, the markets are having second thoughts about yesterday's mini-panic. Calmer heads have prevailed. The lifeboats are being brought back aboard. A downgrade of Greek debt is, after all, not the end of the Worlds as We Know It.
Running down the list:
- High-yield corporate debt (JNK), up from yesterday's close (henceforth "ufyc")
- Emerging markets (EEM), ufyc.
- Gold (GLD), ufyc.
- Oil (USO), down fyc.
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Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic
About the glance: The colors indicate the state of each signal.
- trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
- adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
- psar, pps, macd: green for bull mode, red for bear
- sto: green for overbought, red for oversold, yellow for the neutral zone.
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