It’s time for our weekly market psychology update with Jordan Kotick, Global Head of Technical Strategy at Barclays Capital.
Kotick just got back from his travels in Eastern Europe.
Jordan tells us market stability is taking hold and economic confidence is slowly growing.
Q - Any regions specifically?
A - No, it is global in nature which is a good thing. In Europe, for example, which has lagged somewhat this year, the FTSE and DAX have formed a large base and are trying to break higher.