19th January - World Stock markets poised for breakout
21 January 2013
TECHNICALS:
WEEKLY iShares MSCI World ETF CHART
The market is on the brink of confirming a breakout from the succession of Prior Highs from 2007 around the 1800 level.
Once the break of those levels is confirmed ( the highest of which is 1810) they will act a powerful support and drive the market on to the next bull leg.
DAILY CHART
In the short term note the small H&S continuation pattern that completed with a completion Gap ( emphasizing the surge of buying energy accompanying the completion of the pattern).
The minimum short term move measured from that H&S completion is up as far as 1870
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17th Jan - EUR/JPY Heading For Long Term 38.2%