weekend update by tony caldaro (only part) MEDIUM TERM: uptrend confirmation pending After a thorough review of all the charts and indicators it is quite clear markets worldwide had an impressive week. (1)Even though it did not show up in the final weekly numbers. In fact, 80% of the world's indices are in confirmed uptrends or nearing one. (2)This is quite a shift from last week when not one international index was in a confirmed uptrend.