Technicals Are Flashing Bullish Signal for Europe Stocks: ChartBy
While the Stoxx Europe 600 Index slipped last week for the first time in three, a technical signal is flashing a bullish trend. The gauge’s 50-day moving average crossed above its 200-day mean for the first time in 20 months. The last time this happened, the index surged more than 20 percent and reached a record high.
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