Market Pulse on June 27th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

2924,92 +11,14.

The stock market continues to tread water ahead of the end of the quarter and the G20 meeting. Breadth is still constructive with 2621 stocks advancing and 1127 settling down. The cumulative advance/decline line is not far away of its all time high and money is still pouring in as measured by the closing Tick index. The model is globally neutral and our short term scenario calls for an uptick up to to the 2940-50 area before a slide to the 2870-90 area.

Next Update Monday 8th July 2019

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