Global rally stalls. Now what?

16th  November: The global trend is now ambiguous. US indexes tested and turned on expected resistances. Now it's anyone's guess what will happen: a range? A breakout upside? Or a return to the bearish trend, as suggested by the top in the NYA chart.
Oil and the Australian dollar are on good long term supports, lending hope to the scenario that commodities are bottoming.
Hong Kong is still cheap. Thailand is still expensive.

    Charts current to 13th November.

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