Following our publication dated December 4, 2014, regarding the special report (EUROPEAN TRADING CHANNELS ) we add the following special report.

It was unquestionably one of the strongest months for world equities in some years.

We have number of indexes breaking new historic highs.

GREECE

Despite some real concern about en exit from the EURO, with a four month bailout extension, the ATHENS index soared into end month, with a rather extreme monthly gain of 25%.

First upside target remain the 1400.

Amsterdam

Belgium

CAC

IRELAND

DAX

The economic powerhouse of the EU continues to roar ,with an impressive gain of 7% into the 14000. There is viable upside to 12000 this spring.

Italy

SPAIN

The ugliest o the EU Piigs-Spain ,managed a strong gain of 8% into the 11000. Key resistance at the 12200 threshold looks set to be tested by MAY.

EUROSTOX 50