Does the trend of 38 markets has any influence on the S&P 500? Definitely!
Did You Side-Step the Sell-Off in 2011? We Did!
The WSC Global Momentum Indicator is calculated according to a proprietary formula.This indicator measures the percentage of 38 global stock markets which are gaining momentum against riskless money market. Whenever the gauge of this indicator stayes above 0.35 global market are in a risk-on mode and investors should buy into any weaknesses. Whenever the gauge of the WSC Global Momentum Indicator drops below the bullish threshold, investors should hedge their positions. This indicator works especially well with our other breadth indicators.
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Indicator Details
Updated:
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weekly
Signals:
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Bullish: WSC Global Momentum Indicator above 0.35
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Bearish: WSC Global Momentum Indicator below 0.35
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Watch for divergences between the S&P 500 and the WSC Global Momentum Indicator for additonal informaton
