Some international stock indices, mainly US and European, are flirting with their 250-day highs. The CAC-40, the FTSE-100 and the S&P 500 are less than 1% below their 250-day high close while the Australian S&P/ASX 200 is less than 1.5% away and the German DAX is less than 2.5% away from their respective 250-day highs.
The above chart shows the rolling distance from a 250-day high for the 5 indices mentioned above. For S&P 500 and DAX, their recent 250-day high is also an all-time high. The FTSE-100 is flirting with its 1999 all-time high. The other two have a long way to go to get near their all-time high.
Disclosure: no relevant positions.
Charting program: Amibroker