Taking a look at the monthly SPX500, DOWI, HSI, DAX, NKY and FTSE100, the following can be seen:
1. On all charts MACD has crossed
2. 4 out of 6 show bearish divergence SPX, DOWI, FTSE100 and NKY
3. On 4 out of 6 PA is taking place below the long term uptrend line SPX, DOWI, HSI, FTSE100, 2 haven't broken the trend ...