DBD Strategy Daily - A surprising index situation
US indices are still moving forward, nothing surprising there. The European situation is more of a puzzle with contradictory signals on different country indices. The FTSE 100, a notoriously weak index for years, has been the first one to break above its 2017 highs and out of a long range. On the other hand, the FTSE MIB broke below a major support, weighing on the Eurostoxx 50. Overall, the Stoxx 600 is still slowly bullish in the short-term, and neutral to bullish -according to the time horizon- in the medium term. We will be looking deeper into consensus measures tomorrow, as they are also in contradiction depending on with the other. On the Eurostoxx 50, our indicator shows a strikingly complacent situation...
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.