In the charts below, Emerging markets and the EAFE index are solidly above resistance. Now by small margins the CAC-40, DAX and the FTSE-100 are pushing above key resistance.
In the post titled “Global All the same Trend” (See post here) I highlighted how the majority of the world markets were all facing resistance, at the same time.
From a pattern perspective, it is a positive to see the international and U.S. major markets, all breaking resistance at the same time, even though it is by small margins so far.
Where USD may stop falling?
Chris,
Are these the tickers for these?
EWU = United Kingdom
EWG = Germany
EWQ = France
Are there other ETFs for these? In the 9/30/10 post, EWQ was previously identified as breaking out.