Nasdaq 100
Long term chart
Below the 2000 peak but above the 2007 peak
Nasdaq
Below the 2000 peak
I see a double top here
2007 and 2011 peaks at same level
Russell 2000
At 2007 level
I see a double top here as well
US Dollar
Close to its low of 2008
It can find support there
EURO
Below the 2007 peak but still pretty high considering the fact that most of the countries are insolvent
Gold
Multi decade high
I find it tough to buy at this point
Silver
I think we will see mean reversion soon
Back to 10
Platinum
Below the 2007 peak but still high
Tough to buy at this point
Below the 2000 peak but quite high from the 2008 bottom
Tough to make a case to buy
Oil
At 113 now
2008 peak was 147
Went from 33 to 113
Not cheap any more
DAX
I see a double top in 2000 and 2007
It may go to 8000 and form a triple top
Looks like India has formed a double top for now
Long term bullish but short term bearish
Way below the 2007 peak
Short term bearish
This is one market I sometimes have no clue about
Russia
Below the 2008 peak
Pretty close although
Function of oil price
Brazil
Looks like it did form a double top
I am bearish this one
Long term may be bullish like India
Dubai
I think this is one to buy
Down 80% from its peak
Flat in 09 10 and 11
Peaked in 05
A different cycle I guess
Crashed in later half on 2008 like oil
NKY
Way below the 1989 peak
The road map to deflation
I am bearish Japan
Bad demographics
Huge debt issues etc
I think it is headed to 5000/6000 in next 3 years
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Summary
So in short term I could buy
US Dollar
Dubai
In long term I would buy
India
China
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