​We said yesterday that Put/Call ratios in Europe are reaching overbought areas.The ECB will have a hard time meeting expectations. For the time being, there is no sell signal though. The S&P 500 still has a slightly bullish bias in the short--term. The difference between those two indices lies in the currency. The Euro-Dollar is slowing down, trying to bounce a little. Derivative positioning on the pair is not extreme though, and the ECB announcements may not impact the trend much in the short-term.
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.