Eoin Treacy's view

Russell 2000 – Following Friday’s breakdown from the overhead range, a sustained move above the 1130 area is the minimum required to demonstrate a return to demand dominance.

Bombay Banks Index – while still somewhat overextended relative to the MA, the Index continues to hold the progression of higher reaction lows. A sustained move below 16,000 would be required to begin to question medium-term scope for continued upside.  

Taiwan – dropped to close below the 200-day MA for the first time since 2012 and a sustained move above 9000 will be the minimum required to signal a return to demand dominance.