GM issue could be one of the excuses for yesterday's correction but the analysts' view that the forthcoming G20 meeting would just end up as boondoggle -nothing useful- was the major cause!

Yesterday's decline in Asian markets was not accompanied by any big volume. It implies that the Asian markets are still willing to rise higher in the days ahead.

The DOW and FTSE also haven't closed below our stop loss levels so far. So, there is still some hope of support from there as well. Otherwise, the Asian markets, especially China and India are expected to have their own divergent way in short to medium term.
Stocksweekly is still relevant.