By Chris Shaw

Heading into December, the technical analysts at Barclays Capital note the month is another very positive one for equities, following on from the bullish bias of November. India's Sensex and the JSE in South Africa enjoy their best month of the year this month, while the FTSE in London and the Sensex are on eight-year December bullish streaks.

In terms of the odds of advances for major markets this time around, Barclays has 80% or better chances for gains for the likes of the Sensex, FTSE and Canada's TSX, while the S&P in the US and Australia's All Ords are among those rated as better than 70% chances of ending the month higher.