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From : International Equity Index Daily Hotline: 22 May 2015
Chart of the day: Record high by Global index

 

The S&P Global 1200 index has experienced a brief pause near the April high, near the round 2000 level, before pushing ahead again on Thursday.  The market extends the uptrend into unchartered territory.  We continue to hold a long position in the index and raise the stop to 1950.  This is just under support at the rising 50-day Moving Average.

 

 

N.B.  Due to a public holiday in England, the next hotline will be published on Tuesday 26 May. 

 

 






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