MSCI World Futures Index USD FMWO1!
An excellent day for bulls all over the world.
Now most markets are testing important resistance levels (Hang Seng, Sensex, SPX and Nasdaq)
and are vulnerable to fairly light profit taking in the very near term.
The MSCI World Index is also very close to resistance at 5873.
Has to break above here to confirm further strength...
FMWO World Markets Near Term Outlook
September 13th
This index only prints End of Day on Tv.
But it's still useful for a birds eye view of world markets.
It was meant to bounce from the lowest parallel.
Thankfully for world markets it has done.
It should rally back to the 6287 line and then, after a little
consolidation, on to the old high at 6359, about...
