Sideways very much the theme of the week after the volatility of last week and even though volumes are up today that's really only on the quadruple witching and reweights with "real" volumes seemingly low. Our charts team focussing on growth still outperforming value with an all time high for the MSCI indices and Stoxx not too far behind. Over the pond, mega cap tech stocks held their support levels overnight and the S&P managed to close above its 50dma. Nasdaq did broke below its 50dma for the whole day for the first time since April. We will be watching the support levels from the tech stocks again today.
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