The instruments in the equity indices asset class that made the biggest moves, on a percentage basis, over the past day were NIFTY 50, Nasdaq 100, and NIKKEI 225. The chart below illustrates. None of the moves in the past day were especially noteworthy in terms of their size relative to their volatility over the past 30 days.
Over the past two weeks, the strongest trend has been on DAX. Alternatively, on a 90 day basis, the strongest trend appears on Dow Jones. Price action traders will also want to note that a base appears to be forming on NIFTY 50. Price bases often precede increases in volatility and a clear trend.
Moving Averages In The Equity Indices World
From the perspective of the alignment of moving averages — meaning where moving averages are ordered by their duration — we see that NIKKEI 225 has perhaps the strongest trend. See the chart below.
One other point on moving averages: the instrument SSE 50 Index is close to its 200 day moving average.