Outlook = Very Bearish
For information on the Trend Analysis see the Notes section to this post: GCC Trend Analysis
Outlook = Neutral
For information on the Index Analysis see this post: Understanding the GCC Weekly Index Analysis
Advance/Decline Indicator = Positive
Outlook = Bullish
For information on Market Breadth see this post: Market Breadth
Pattern Match Price Projections:
Just one of the three best matches for the current 25 day price movement is projecting a higher close for the QE Index in five days time.
The average five day price projection across all three best matches is -1.39%.
The combined outlook based on the pattern matching analysis is Bearish.
For information on Pattern Matching see this post: Price Projections Using Pattern Matching