DBD Strategy Daily - INDICES ON THE EDGE
European indices are on the edge of sell signals, but those are not clearly confirmed yet. We think we have to wait for the strongest sectors to fall below their major supports to be sure that the rally is over. In the US, the S&P 500 is still above its short-term support too. European equities are back in acute under performance. If you want to go along with the rally, favour US indices, and simply place your stop below 2700 on the S&P 500.
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