Equity Indices Weekly (29 Jul ’17)

MSCI World Index finding difficulty maintaining higher levelsInvestors remain positive.

However short-term studies are turning down, highlighting a corrective pullback into the coming week.

The falling Tension Indicator is also adding downside pressure.

A close below 1935 will prompt a Downgrade to Neutral.

A still further close below 1873 will signal a more significant reaction and prompt a further Downgrade to Negative.

 

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