Revival of European markets, with breakouts on the DAX and CAC-40, sparked a broad resurgence in global markets. Dow Jones Europe Index broke long-term resistance at 265 on the weekly chart, signaling a primary advance to 285*. A 63-day Twiggs Momentum trough above zero confirms the primary up-trend.
* Target calculation: 265 + ( 265 – 245 ) = 285