J.P. Morgan Early Look at the Market
Comment of the Day

October 11 2018

Commentary by Eoin Treacy

J.P. Morgan Early Look at the Market

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Eoin Treacy's view

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There is no one factor that investors can point to that offers a clear reason for why the market pulled back so sharply on Wednesday. Instead a confluence of events triggered stops which has resulted in a significant number of US large cap shares closing what were somewhat overbought conditions relative to their respective trend means.

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