Oct 24, TA for Global Indices

DJI is trending above 100D MA, broke the downward slope, testing the resistance leve and finally 20D MA testing the 50D MA, a nice combination of a bullish sign.

 FTSE had broken the 5400 resistance, and marginally trending above the 5400 level. It seems like a resistance turn support. It trending above the 50D and resisting the 100D MA. The MACD is above the 0 level and histogram 4R1G (bullish reversal). Overall, the technical signals are positive for LONG.

Let's look at the overall performance chart indices, the best performing index is the DJI breaking resistance and the worst performing index is the HSI.  The USD index is retreating the gain, as DJI gaining upward momentum. One thing to note is the Gold is stabilising or remains relative flat.