This post is by Julius de Kempenaer from StockCharts.com - Blogs
Click here to view on the original site: Original Post
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.
p class”entry-more-link”>Continue reading “Japan against the rest of the world!” »