It has been a rough year for global equity markets, but the S&P/TSX Composite ($TSX) is bucking the trend with a small gain year-to-date. Notice that the Hang Seng Composite ($HSI) and Nikkei 225 ($NIKK) are leading Asia lower, while the Bovespa ($BVSP) is weighing on Latin America. European stocks are holding up the well with relatively small losses.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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