BLOOMBERG Bloomberg Markets European Close January 11, 2018
End of the thursday session. Function. E w m germany and france are lower. The u. K. Is higher. The stoxx 600 down for a second day after rising for fight for consecutive five consecutive days. This is the msci all country world index. The 14 day rsi at 80. A multiyear high going back to 1988. Cleverly and clearly overbought. It doesnt mean a decline is imminent. 78 gauge has been positive, of the time with average returns of 2. 6 in the 12 weeks after its rsi crossover of 14 week readings up 17. Something to consider as Global Equities go from strength spread to spread. Gold futures running i...
Source: archive.org