An overview of global equity indices concluding with a brief overview of precious metals & commodities, as it appears the most constructive charts are from countries with a large exposure to commodities.
I've added a few extra annotations to some of the global stock indices in which links to the live charts were posted yesterday. I've also posted some those charts in an easy to view gallery format below. Simply click on the first chart to expand, then click anywhere on the right of the chart to [...]
China's Shanghai Composite Index ($SSEC) has broken above it's most recent downtrend line which is near-term bullish, especially considering the positive divergences in place on the most recent move lower as seen in this daily chart (first chart). The bigger picture, as shown in the weekly chart (2nd chart) shows that China clearly remains well [...]