This is an open post for all traders showing how I’m seeing the longer-term charts shape up for some of the major Stock indices. My preferred charts, for the moment, are the DAX and ASX-200 as, to me, both look ripe for opportunity as they both try to nudge up to major resistance levels.

S&P500:

S&P500 yearly Log: the long-term uptrend remains intact here and I’m watching to see if this pattern repeats itself:

S&P500 monthly: I’m watching to see if the 161% fib extension, at 3,100, is the next major target here:

DJIA monthly: the 27,000 level is the next major threshold level here and any break and hold above this might set up a new ascending triangle breakout.

NASDAQ monthly: watching for any continued push to the 9,200 level here:

NASDAQ-100 monthly: watching for any continued push to the 8,600 level here:

Russell-2000 monthly: I’m watching to see if the 161% fib extension, near 1,750, is the next major target here:

DAX-30 monthly: this is struggling under the 13,600 level at the moment but note the lack of momentum! This is certainly one to watch, IMHO that is!

FTSE-100 monthly: watching to see if this ascending triangle breakout picks up but Brexit is weighing heavily for now:

TSX monthly: watching to see if this ascending triangle breakout picks up too:

ASX-200 monthly: watching to see if this ascending triangle develops at all as the Aussie market lags the rest of the globe. Most other markets have passed their GFC Highs but not us 🙁  Bullish momentum is on the rise though.

Hang Seng Index monthly: Much has been made about the correction across Chinese markets but this looks to be like a Bull Flag forming up here under major 32,000 resistance!

Hang Seng China 50 Index: Monthly: The Hang Seng-50 index, of top 50 Chinese stocks, is currently back to the key 61.8% fib on the monthly chart here. The 7,500 looks to be previous S/R and is near this fib zone so watch for any new make or break.

Nikkei-225 monthly: this looks to be consolidating under major 24,000 resistance: