Massive Inter market Divergences Precede major turning points in the markets, Divergence between various global equity indices do not occur everyday but when they do you should take
note.
In the last month Indian equities diverged strongly from the US. It is surprising because Indian indices peaked in Sept a month before US stocks but now have not taken off lower in the next leg of the crash. What does it mean? What has happened in the past on such instances? I explain it in this mornings video update. See below