The Strength of the Market is: Strong
Markets are riding the momentum of positive data and positive news on the coronavirus vaccine trials front, with technology stocks leading the way. As Covid-19 cases keep rising at an astounding rate, financial markets' next major focus is the latest stimulus measures and negotiations of the U.S. Congress. The next round of fiscal stimulus is expected to be anywhere between $1 and $1.5 trillion dollars.
World Stock Markets are, now, above their short-term (21-day), medium-term (50-day) and long-term trends (200-day) and are looking strong.