Other then the US stock market, i believe the next eye-catching index will be this Shanghai Composite Index In July 2014, price broke up of this mini-triangle and then in Nov 2014, a 2nd breakout of the bigger triangle I am pretty surprise that with economy slowing down, there is still much bullishness about it. As price is really too far away from 8ema, i would speculate that there is a resistance zone around 3436-3584. And if Jan 2015 candle turns out to be a DOJI, there is a higher chances of reversal though not ruling out the possibility that price would continue to propel upwards to hit the upper trendline