Equity Indices Weekly (25 Jun ’17)

MSCI World Index balanced at highsInvestors remain bullish whilst the MSCI World Index consolidates at contract highs.

Risk of a corrective pullback is increasing as overbought momentum studies unwind.

A close below 1900 will prompt a downgrade as sentiment weakens. However, a further close below 1873 will signal a more significant reaction and prompt a further downgrade to negative.

 

 

 

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