Point And Figure Charts Part III

Here is an update on Point and Figure Charts for some Market Indices. What is worrisome for me is the fact that European Indices do not show a buy signals as the NDX and the Dow does. If the U.S. starts to outperform, it would be a clear sign that the bear market could resume in the not so distant future.

Ps: Don't be fooled by P&F Price Objectives, they can be misleading and should
not be used to make an investment decision. The good thing about it is that you
can see at once if the underlying is on a P&F buy or sell signal.