Numerous reversal patterns were left on last week’s charts, says Andy Dodd, Head of Technical Research at Louis Capital Markets, suggesting the start of a prolonged pullback in equities.
Dodd summarises the major indices’ levels and trends into a ‘Technical Dashboard’, the overall look of which is overwhelmingly bearish in the short- to medium- term.
Read the full report, including an analysis of the following futures markets:
Dow Jones Transportation
STOXX Europe 600
EURO STOXX 50