Oscillators show a clear reversal in short-term momentum for the DAX as the RSI moves down out of ‘overbought’ territory and MACD goes below its signal line.
US stock market sentiment shows a high degree of bullish optimism, indicating a significant probability of a price pull-back for the short-term, according to Robert Colby at Robert W. Colby Asset Management.
Frank Cappelleri, Chief Market Technician at Instinet, examines S&P seasonality and asks whether the market is likely to rally in November and December.
Ominous signs are gathering for the FTSE 250, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
All eyes are on the 12k line of Egypt’s EGX30, according to Ron William, director at RW Advisory.
The MSCI World Index has left a series of higher lows on each of its recent pullbacks, which Andy Dodd, Head of Technical Research at Louis Capital Markets, says indicates the uptrend is still intact.
A bullish pattern on the S&P 500 has been triggered, says Frank Cappelleri, Chief Market Technician at Instinet.
Significantly fewer stocks participated in the last S&P rally, warns Andy Dodd, Head of Technical Research at Louis Capital Markets.
Global geopolitical pressures and Brexit continue to weigh on UK stocks and Steve Miley, CEO of Market Chartist, sees downside risk for the FTSE 100.
Andy Dodd, Head of Technical Research at Louis Capital Markets, gives his technical outlook for seven European equity sectors.