Europe FTSE: 2-4 week uptrend expected
Dow Jones: 2-4 week uptrend expected
Australia: http://www.google.com/finance?q=INDEXASX:XJO
shows a downtrend
India:
The market is in a a clear downtrend since the past three months and not yet reversed.
Brazil, one of the emerging markets is in a clear downtrend
We can buy good performing stocks for short term at the present condition and a surprising and sudden market fall is unlikely in the next 2-4 weeks. Wait for trend reversal for buying stocks safely.
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