Japan against the rest of the world!

Oct 11 14:10 2018 Print This Article

When markets around the world start to rumble it's usually a good exercise how all these moves compare against one another.

The Relative Rotation Graph shows the relative picture for a number of major world equity markets against the Dow Jones World Index as the benchmark.

The Indian $NIFTY index is on its way down backed by a long tail that is sending it lower on both axes well inside the weakening quadrant. A similar rotation, albeit with less strength, is visible for the Canadian.

The weakest rotation is found for the European $STOXX600 index that just crossed over into the lagging quadrant.

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StockCharts.com was founded in 1999 by Chip Anderson, a 10-year veteran of Microsoft. StockCharts.com is a website that provides online investors with high-quality financial charts for making better investing decisions. StockCharts.com is focused on Technical Analysis - the study of price history via charts. They provide award-winning analysis tools, market commentary from respected analysts like John Murphy and Martin Pring, and a huge collection of educational resources that can help anyone become a better, more informed investor.

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