nexttrade: Technical Outlook of equity markets in developed nations

I have summarized the technical outlook of the stock markets of developed nations in the table below. Basically, all these markets should be in a consolidating mode for the next few weeks (maybe, a few months), since the 200-day Simple Moving Average (SMA) of all these indices have hooked down. With some indices' 50-day SMA beginning to hook up (or, poised to do so) as well as some indices breaking above their accelerated downtrend line, there is a good chance that these markets are in the 'bottoming' phase. The most likely scenario is that these markets would move sideway. Their upside might be capped by strong horizontal resistance, which none had surpassed yet. In fact, some had tested these strong horizontal resistance & fell back.