FYI: Below is an updated look at our country equity market trading range screen using US-exchange traded funds. For each ETF, the dot represents where it's currently trading, while the tail end represents where it was trading one week ago. The black vertical "N" line represents each country's 50-day moving average. A move into the red zone means the ETF is "overbought," or extended well above its 50-day. A move into the green zone means the ETF is "oversold," or depressed well below its 50-day. The calculations for overbought and oversold readings are highlighted at the bottom of the screen.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/9/17/bespokes-country-trading-range-screen.html?printerFriendly=true
