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Global Indexes

Technical Analyst & Editor
June 30, 2009

Here is our monthly update on global indexes for our international investors.

$SPX - sell signal in January 2008 ended the buy signal of May 2003. $SPX is down 34% since our major sell signal was confirmed in January 2008. Most other major indexes around the world follow this pattern.

$TSX - down 12% since our major sell signal.

Australia is down 32% since our major sell signal.

Brazil is down 28% since our major sell signal.

India is down 6.5% since the major sell signal.

France is down 44% since the major sell signal.

Germany is down 29%.

London is down 27%.

Hong Kong is down 17% since the major sell.

Tokyo is down 37% since the major sell.

Shanghai is down 34% since the major sell.

Philippines is down 23% since the major sell.

Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.


Pure gold is so soft that a strong man can squeeze it and shape it.
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