Nick Laird of www.Goldchartsrus.com is a tremendous and reasonably price resource for end of day daily data. One of his unique offerings are global composite indices, which cover various areas of the globe. For example, his US Global composite is a composite of the Dow, the SPX, etc. Below is a Hurst analysis, with 4 charts (of the US, Europe, Asian and overall Global composite) in a tile format. Note that all of the red dashed Hurst composite model lines are in agreement that we are at the start of a significant leg down cycle wise. That would tend to lend credence to the notion that we are in minor wave 3 down of an intermediate wave 3 from the Jan and March tops.
