S & P 500, BOVESPA, Shanghai SE Composite Global Equities Outlook : PINC Research

S & P 500, BOVESPA, Shanghai SE Composite Global Equities Outlook : PINC ResearchS & P 500
The SP500 nearly reached 1250, but now seems to be softening. The advance of the last few days can go into hibernation here. A consolidation is now expected. The overall trend remains positive though.

BOVESPA
The Bovespa remains choppy and stays within a range. The bias has, however turned to weakness and we expect the choppiness to continue for some more time.

Shanghai SE Composite
The SSE has jumped up from its 200 DMA. But we do not see this as a precursor to a fresh uptrend. The SSE remains under pressure and it remains to be seen how it tackles it. We prefer to wait & watch for some more sessions.