Offsore Equity Market’s RS rankings

Sector Relative Performance Ranking Performance Trend TEM Notes
DJ World Index $W1SGI <1 + 4-4-3
Pac-Rim
$DJAU Dow Jones Aussie Index >1 + 4-4-3
EEB Investco Brix =1 + 4-4-3
$DJSH Shanghai Index <1 + 3-4-3
EEM MSCI Emerging Market <1 4-4-4
GMF S&P Emerging Asia Pacific =1 + 4-4-4
Hang Seng Index Hong Kong <1 + 4-2-1
INDY Nifty <1 + 4-4-2
PIN Investco India <1 + 4-2-2
$KRDOWD DJ South Korea <1 + 4-1-2
THD MSCI Thailand <1 + 4-2-3
VNM VanEck Vietnamese =1 + 4-4-4
$TWDOW Taiwan Index <1 4-4-4
Western Euro
EWC MSCI Canada ETF <1 + 4-1-3 10 yrs <1
EWG MSCI Germany <1 + 4-3-4 10 yrs <1
FEZ DJ Euro Stoxx 50 <1 4-3-3 10 yrs <1
PRF Invesco FTSE >1 4-4-3
$FRDOWD DJ French Index <1 4-1-1
Ranking of key non-US Markets

When it comes to relative strength, it is best to judge it during declines. As the old saying goes the cream rises to the top. Above 1 with a positive trend are the strongest and below 1 with a negative trend are the weakest.

error: Content is protected !!