New "Sell" Signals On World Market Index

 | Jan 07, 2016 12:55PM ET

It would appear that the iShares MSCI World (N:URTH) is heading toward 1600 or lower, as we now have new "sell" signals on all 3 indicators on the daily chart below.

As I mentioned in my post of June 8, 2015, the Shanghai and Nikkei Indices likely hold the key to its fate.