A Technical Check-In: The Global Bull Market Looks Strong

From LPL Research this week, we learn that “The global equity bull market is alive and well, with very broad participation. Longer-term technicals continue to look very healthy and strong, even as the bull market and economic recovery in the U.S. turns eight years old. A closer look at key indexes suggests the path of least resistance remains higher for stocks, although it likely won’t be an easy ride, as volatility could creep higher during the second half of 2017.”

Key takeaways include that longer-term technical indicators on equities continue to look strong; and global equity strength is yet another clue that the current bull market is still alive and well.

Click here to read the full analysis from Burt White, Chief Investment Officer; Ryan Detrick, CMT Senior Market Strategist; and Dave Tonaszuck, CMT Technical Strategist, all from LPL Financial.