David Fuller's view Australia's ASX200 (weekly & daily) is ranging higher and a break in the rising lows shown on the daily chart will be necessary to question current scope for an additional ranging recovery.

Japan's Topix 2nd Section (weekly & daily) is often a lead indicator for Japan and turns quickly (see also Japanese Banks Index reviewed by Eoin yesterday). The recent decline looks overextended and a recovery has commenced.

Europe's Euro STOXX Banks (weekly & daily) yesterday's upward dynamic has seen follow through today, indicating a downside failure and some additional recovery potential.

Germany's DAX (weekly & daily) has rebounded towards initial resistance near the mid-July high but a close under 6325 would now be required to further question the overall ranging recovery since early June.

UK's FTSE 100 (weekly & daily) remains rangebound but a close beneath 5480 is now required reaffirm overhead resistance which may be further tested.

USA's NDX 100 (weekly & daily) (data downloaded at 7.10pm BST) continues to range above its MA with a slight upward bias. Breaks in the rising lows would suggest waning demand but the early-June low near 2440 remains the important support level.