Aside from the London stock market, indexes in the U.S., Europe and China should carry on upwards, according to Daryl Guppy, CEO of Guppytraders.com.
The Shanghai Composite looks set to rise to 3,400 after a small correction, Guppy told CNBC Friday.
"We may expect to see a mild pullback developing. But it's very clear trending behavior towards 3,400 at the moment," he said.
The upside target is 11,600 for the Dow Jones Industrial Average, according to Guppy.