Technical Analysis
European equity close: Do we have a double bottom in place?
- Stoxx 600 +1.4%
- UK FTSE 100 flat
- French CAC +2.0%
- German DAX +0.9%
- Italy MIB +1.2%
- Spain IBEX +1.5%
The Stoxx 600 suddenly looks like it has a nice double-bottom in place.
Ultimately, I think it will be highly dependent on the weather in Europe this winter but October has been mild, so that’s a great start.