David Fuller's view Customise your own 'Favourites' section in the Subscriber's Chart Library (see 'Help' link upper-right, on entering the Library).

China's Shanghai A-Shares Index (weekly & daily) continues to firm within what looks like an extended base formation. Sustained breaks above the April and November 2010 highs near 3340 would provide additional evidence that this pattern is nearing completion and capable of supporting a significant medium to longer-term advance. A close back beneath 2975 is required to question and delay this prospect.

Hong Kong's HSI Index (weekly & daily) has rallied from lateral trading near 22,400 once again. A close beneath this level is required to erode support and offset the current outlook for sideways to higher ranging. Underlying trading appears more than sufficient to sustain additional gains once the October and November 2010 highs near the psychological 25,000 level have been cleared.

Indonesia's JCI Index (weekly & daily) has edged higher recently following its mean reversion correction towards the 200-day moving average. A close beneath 3425 would now be required to question current scope for sideways to higher ranging and an eventual challenge of lateral resistance near 3800. Indonesia remains an important indicator for both the ASEAN and also broader Asian region as it led throughout much of the earlier advance following the 4Q 2008 lows.

Singapore's FSSTI Index (weekly & daily) has found support from lateral and psychological trading near 3000, and moved back above the MA. A close beneath 2960 would now be required to offset current scope for sideways to higher trading and an eventual new high.

Columbia's IGBC Index (weekly & daily) became very overextended relative to its trend mean represented by the MA, before the advance was checked by a downward dynamic. Strong support was encountered from the MA last month and a close beneath 14,000 would now be required to offset current scope for sideways to higher trading and an eventual new high.

USA's NDX Index (weekly & daily) tends to lead Wall Street's moves and it is beginning to show a loss of upside momentum following an impressive run which commenced in September. It is temporarily overextended relative to its trend mean represented by the 200-day moving average and there have been more daily downward dynamics recently than occurred during other pauses within this rally. A new closing high would be required to question current scope for sideways and eventually lower ranging in a mean reversion back towards the MA.


Gold Prices by year 1791 to 2010 - My thanks to a subscriber for this list. What makes it doubly interesting is that both the US Official Price and the New York Market Price are listed.