European equity close: Do we have a double bottom in place?

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European equity close: Do we have a double bottom in place?

Stoxx 600 +1.4%UK FTSE 100 flat French CAC +2.0%German DAX +0.9%Italy MIB +1.2%Spain IBEX +1.5%The Stoxx 600 suddenly looks like it has a nice double-

  • Stoxx 600 +1.4%
  • UK FTSE 100 flat
  • French CAC +2.0%
  • German DAX +0.9%
  • Italy MIB +1.2%
  • Spain IBEX +1.5%

The Stoxx 600 suddenly looks like it has a nice double-bottom in place.

Stoxx 600 daily

Ultimately, I think it will be highly dependent on the weather in Europe this winter but October has been mild, so that’s a great start.

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