Chart: Global Equity Market Breadth Breakdown

June 26, 2018

Here's a key standout chart from the latest Global Cross Asset Market Monitor (one of our weekly chart packs), it shows global equity market breadth... and more to the point, it shows global equity market breadth completely breaking down.  For clarity, this metric is the proportion of countries/markets whose main equity benchmark is trading above its respective 200-day moving average.  For the purposes of this analysis I track 70 countries.  The reason why this is worth doing is that it can provide an early lead on potential troubles for global equities - as price often leads fundamentals.  Indeed, last week I highlighted 3 potential canaries in the coal mine for emerging markets and global equities in the global bear market meter.  Certainly there seems to be a subtle shift in investor sentiment lately as the Trump trade war steps up, EM comes under stress, and Fed progressively tightens US (and global!) financial conditions...  




Looking for deeper insights?  Try taking a free trial of our institutional research service 

Please reload

Follow us for updates:
  • Twitter Social Icon
  • LinkedIn Social Icon

Subscribe to the Top 5 Charts of the Week so you can get:

--Exclusive Charts

--Actionable Insights

--A Flow of New Ideas

Search By Tags
Please reload

Important Notice

We offer exclusive insights for institutional clients with our suite of multi-asset investment research reports, personalized service, & global perspective.

Take a trial today...

Become a Client





Important Information for Visitors

Privacy Policy    Disclaimer   Contact Us


© Copyright 2016 Topdown Charts Limited