The Dow Jones Global Index makes interesting viewing, with the index displaying a healthy primary up-trend since late 2011. Troughs above zero on 13-week Twiggs Momentum indicate trend strength — as does the last trough on the index chart ending well above support at 260 from the previous peaks. Breakout above 290 would indicate an advance to 310*.
* Target calculation: 290 + ( 290 – 270 ) = 310