Lot's of stocks follow the DJIA. Generally the S&P 500 is the...

Lot's of stocks follow the DJIA. Generally the S&P 500 is the key, it's the benchmark for all indices. To be honest I tend to follow the Hang Seng or China H Shares, they give earlier clues on the overall direction. I do think the picture has changed slightly since last week, but as mentioned in my previous post I will wait and see how this one plays out. I think we will see a choppy period over the next few weeks, but I am now optimistic that the support at 81c will hold, but there is a fair bit of volatility out there and nervousness, which could swing the sp in favour of the 63 - 65 range.

To not let this happen the S&P needs to find a new high. It needs to clear 1088, to enter a new period. The ASX200 needs to break 4590. I see another period of choppy sideways action, until mid-March for KZL. Similar to what we've from Sep - Dec. Up, down, up, down etc...