Global Equity Markets VERY Close to Peaking

Global Equity Indices have complied to a near perfect degree with our forecasts from the early June low. As expected US indices are within spitting distance of new post-Crisis recovery highs and Europeans are up by over 20%. This is all (rising markets) about to end, and most likely reverse hard.

Here on the hourly chart of the EuroSTOXX 50, just some finishing touches remain to be placed, with eventual tops likely around 2500 level.