Technical analysis of various global stock market ETFs, including potential price targets & key support/resistance levels for many.

I inadvertently left out coverage of EDEN (Denmark ETF) so I included a chart with some notes below. Again, although currently in near-term downtrends/correction mode following their recent divergent highs, many of the European bourses are current testing key uptrend and/or price support levels so on watch for either breakdowns below (the majority of), or successful defenses and rallies off those levels this week & next.

EDEN daily Nov 6th

EDEN daily Nov 6th

Bottom line: The recent divergence between the US stock market & the majority of major global stock markets is quite stark & unusual as well as unlikely to last, with a mean-reversion likely to occur soon. That could come via US stocks down, international markets up, or a combination of the two.