DOW, SP500, DAX and FTSE weekly chart now

DOW weekly chart. One bar is one week. The last bar is still being worked on until Friday close. It is six weeks sideways trend and the 8 week MA is up and supporting the trend.

SP500 looks the same as DOW

DAX weekly the same picture again as DOW and SP500

FTSE is the only chart where the top to the left not has been overcome, otherwise the 6 weeks look the same.






Since the 8 weekly MA is rising and thereby supporting these sideways trends they can continue theoretically for another 2 weeks until the US election. There is of course a possibility that the trends suddenly will break on up side or downside any time on big news. It is very seldom we have 6 weeks of sideways trend. To make a forecast in this situation is impossible.