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Stoxx 600 reflecting the central bank QE program; Facebook shares aiming for a new high?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In Today’s Finance Show at Tip TV, we are joined by Ken Odeluga, Market Analyst at City Index, who offers the outlook for the Stoxx 600, and the share price of Facebook. European equities remain where US was 18 months ago Odeluga explains using technical charts in that the European equities are reflecting the central bank QE story. He notes how they are in the same situation where US equities were 18 months ago, with the trend highlighting the central bank backed QE program. He further adds

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