Interesting charts September 3rd 2015
Germany – continues to bounce from the psychological 10,000 level and a sustained move below that level would be required to question current scope for mean reversion.
FTSE-100 has a similar pattern.
Ireland – Irish tax receipts are coming in well ahead of government estimates which helps to explain the Index’s relatively shallow reaction. A sustained move below 6000 would be required to begin to question medium-term scope for continued higher to lateral ranging.
