These could be leading elements of weakness among stock indices. Likely softening due to profit taking since they are not anywhere near to sweet spot that would entice sellers to come in.
Straits Times Index end-June, end-Q2 2017 performance: winners to losers shift from 27-3 in Q1 to 16-13 in Q2. This is a worsening in market breadth. In addition, charts of DAX30 and XLRE.
Straits Times Index delivers strong end of May 2017 performance up 1.1% from April but market breadth declines from previous month. 15 companies end positive, 15 in the red. Yangzijiang Shipbuilding and OCBC are gain leaders. Comfortdelgro is top loser.
Straits Times Index constituents April 2017 performance: 0.01% rise in index, 19 winners 11 losers. Some observations on AUDUSD, NZDUSD, EURUSD, USDSGD and Natural Gas.
Stock indices update for Q1 2017. 1) Relative strength, performance between major Western and Asian indices. 2) Straits Times Index constituents ‘winners and losers’. 3) Quick look at diverging behaviour between China A50, AUDUSD to exceeding PMI data. 4) US sector performance.