This European Bank Could Provide Clues to the Next Big Move in Broader Risk Appetite
The chart below reflects that shares of NBG are caught in a tight consolidation pattern between lines (1) and (2). And though NBG trades in the low single digits now, we still believe its shares carry a good deal of…...
SSEC Just Broke Below Major Support Dating Back to 1994
With last night’s ~175 bps decline to start the week, the SSEC has now decisively broken below a nearly 20 year support line (1) dating back to 1994, in the chart below. Incredibly, the index now stands ~66% off its…