Trendline Wednesday – 10/16/2019
Here are some of the most noteworthy trendline developments across the markets for Wednesday, October 16, 2019.
EAFE Index Testing Post-2018 Down Trendline
Europe’s STOXX 600 Index Testing Post-2015 Down Trendline…Again
Euro Banks Breaking Post-2018 Down Trendline
Spanish $IBEX 35 Composite Testing Post-2017 Down Trendline
Ireland’s $ISEQ Index Breaking Post-2018 Down Trendline
KBW Bank Index $BKX Testing Post-2018 Down Trendline…Again
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.
