Fundamentally, we would agree that there are some reasons to be more optimistic on Europe: Oil has halved, the Greek dilemma has been postponed, the ECB has launched a massive bond buying program and economic data is improving. That said, from an international investor’s perspective, in USD denominated terms, our FinGraphs trend positioning cannot confirm a medium to long term reversal yet. Read more... http://stockcharts.com/articles/tac/2015/03/fingraphs-giving-europe-a-ch

We set out today to create a global balanced portfolio using 16 ETFs picked from the circa 200 available on the FinGraphs.com platform. Our investment horizon is the next 3 to 6 months, or until mid 2015. Accordingly to illustrate our selection process, we will use Mosaics of our Weekly charts. These offer a perspective over the next Quarters. Although to some degree we have considered size, liquidity and management fees, our main selection criteria will be market position