DJI and SPX broke their 6 weeks sideway consolidation to hit new high, DJI cracked 20,000 level for the first time. COMP looks even more bullish, continue trading new high without consolidation.
In Asia, STI and HSI both on 5 weeks wining streak, led by blue chips such as banks. STI is trading at 3050-3100 top area currently, was formed in Nov 2015.
Shanghai stocks looks rebounding from its bottom support uptrend line. Rebound is quite promising.
major indexes weekly charts as below.
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