Technical Analyst, Saxo Bank
GER40 identical picture. Testing falling trend line and 0.786 retracement. If closing above 13,218 there is upside to 13,570.
IF sliding back below 55 SMA (Dark blue) bears could get renewed energy. Below 12,541 bear trend has resumed.
Weekly DAX chart: Down trend is still intact in DAX currently testing 0.618 retracement of the mid-August to End-September down move. Strong key resistance at 13,565 is a few points above the 0.786 retracement. That level is key for medium term Bull/Bear trend. If closing above, it is a strong indication of Bear trend is over and foundation for a new uptrend.
EuroStoxx50 is hovering around its 0.786 retracement at 3,590, trying to reach 1.618 projection of the double bottom pattern at 3,625. If EuroStoxx 50 fails and slides back below 55 and 100 SMA’s and RSI drops back below 60, it could give Bears renewed energy.
Strong overhead resistance at 3,683.
A new fragmented world order can render some of today's infrastructure obselete, but it also calls for massive new investments across the globe, which requires a new set of strategic and tactical investment strategies.
Steen Jakobsen,
Chief Investment Officer
As globalisation turns to fragmentation, China seems set on playing a role in the global economy, while simultaneously working towards proofing its own economic situation from external shocks and crises.
Redmond Wong,
Market Strategist
The recent bank runs and ensuing challenges are reminicent of something we've seen before. Will it end like the S&L crises of 1986 and 1995?
Chris Dembik,
Head of Macroeconomic Research
Equity markets need to recalibrate to another - fragmented - global world. What's your view on equities in this market - are they going up or down?
Peter Garnry,
Head of Equity Strategy
With every development comes new opportunites, some of which could be in India. Have you considered the country as a part of your diversification strategy?
Charu Chanana,
Market Strategist
A collar is an option strategy that allows some protection while maintaining some upside potential. What investment would you like to use a collar strategy for?
Hans Oudshoorn,
Trainer Academy
There are arguments to be made for many commodities to have upside. Which are you paying the most attention to this quarter?
Ole S. Hansen,
Head of Commodity Strategy
In a very challenging macro environment, which currencies do you think will come out on top?
John J. Hardy,
Head of FX Strategy