Monday, August 03, 2009

SocGen's S&P500 Technicals & Seasonality + Confidence

Click to enlarge, courtesy of Societe Generale.


Seasonality is entering NOT the most profitable period of the year... (as majority looks for beach-side?).
Click to enlarge, courtesy of Seasonal Charts.


It is quite difficult to measure the sentiment, but it is definitely not about fear in the US, or even more in Asia ...

Is "freshwater" US "inventory recovery" finally discounted?

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