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.
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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.