In a note on Friday, European stock market analysts comment on this dangerous activated technical factor.
Here is a quote:
Complete sell signal on our market timing indicators. For only the fifth time in more than 30 years, each of our time-to-market indicators gives a sell signal at the same time. The only time equities have risen after a full sell signal was in February 2017, when a strong recovery in earnings per share and inflows of European funds prevented us from being overly pessimistic….
