UK FTSE 100, STOXX 50, NIKKEI 225

Global equity indices are gaining upside momentum. Recent breakouts above long-term trend lines suggest multi-month uptrends. Last week’s price action pushed UK FTSE 100 index to all time high levels. Charts that are very close to long-term breakouts: MSCI ALL COUNTRIES WORLD INDEX, EURO STOXX 50 INDEX and UK FTSE 100 INDEX.

Positive price action is likely to continue in the developed market equities.

JAPAN NIKKEI 225 INDEX

STOXX 50 INDEX

EURO STOXX 50 INDEX

MSCI ALL COUNTRIES WORLD INDEX

UK FTSE 100 INDEX