GCC Market Analytics: Weekly GCC Trend Analysis....Now Includes Qatar

Some readers contacted me to ask why Qatar was missing from the weekly Trend Analysis and Index Analysis reports. This wasn't an oversight, it was simply because I didn't have the necessary market data to perform the analysis.

Happily, however, I've now got my hands on the data so, going forward, Qatar will be included in all reports.

Enjoy.

P.S. See "Notes" section at the bottom of the post for an explanation of the Trend Analysis report.

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Notes:
1. In the "Current Trend Conditions" section the short-term, medium-term and long-term trend values are determined by dual moving averages. The trend value is "Up" when the the shorter length moving average is greater the longer length moving average. The trend value is "Down" when the the shorter length moving average is less then the longer length moving average. For more information on dual moving averages see previous post here.
2. Dual moving average parameters are specific to each index and time-frame (short, medium and long).

3. The "Outlook" value can be "Very Bullish," "Bullish," "Neutral," "Bearish" or "Very Bearish." The value is determined by the historical performance of the index when the same short, medium and long-term trend conditions were in evidence in the past.

4. The top chart shows a plot of the historical price performance of the index. Highlighted on the chart are the past periods when the current trend conditions were in evidence in the past

5. The bottom chart shows the non-compounded percentage returns of the index when the current trend condition were in evidence in the past.