I have formed a folder average of the 18 major world indices. These are the ones:
Bovespa Index
BSE Sensex
CAC 40 Index
DAX Index
Dow Jones Industrial Average
FTSE 100 Index
Hang Seng Index
KOSPI 200 Index
MSCI Singapore Index
MSCI Taiwan Index
Nikkei 225 Index
Russell 1000 Index
Russell 2000 Index
S&P/ASX 200 Index
S&P/TSX 60 Index
Shanghai Composite Index
Straits Times Index
Swiss Market Index
Please let me know whether I should include others or exclude existing ones.
The folder average chart is shown below. It showed strong support around the 5100 level. We are now at resistance between 6250 and 6450. We are also at an important fibonacci level.
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