Readers alerted to oversold conditions last week.

Last week, we published – in the Market Analysis section – a number of warnings about oversold conditions and strong probabilities for a bounce, in several equity market analysis updates. Let’s look at small excerpts of just 5 of those analysis updates.

First, an excerpt of the last analysis update for the CAC40 Index in France:

CAC40, France

And then the AEX index in the Netherlands:

AEX index, the Netherlands

OMXSPI broad market index in Sweden:

OMXSPI, Sweden

Or how about the SSMI index in Switzerland:

SSMI, SwitzerlandLastly, the FTSE 100 index in the UK:

FTSE 100, UK

These are just 5 of the numerous indexes which triggered oversold warnings according to us, last week.

Carl Malmberg on FacebookCarl Malmberg on TwitterCarl Malmberg on Wordpress
Carl Malmberg
Carl Malmberg
Technical Analyst at EWT Investing
Carl has analyzed and traded the financial markets 14+ years.
Developer of the Extended Elliott Wave Theory, a series of extensions made to the original Elliott Wave Theory.