It's interesting how most major global stock indexes are at or near key round number resistance - all at the same time; Dow 12,000, S&P 1,300, FTSE 6,000, DAX 7,000, CAC 4,000, Nikkei 10,000....
In Australia the ASX200 hit a high just above 5,000 in April last year. Will it challenge that key level again or are major global stock indexes peaking at key levels to complete the bear market rally from March 2009?
