The ASX, S&P and Euro markets are overbought short-term, but dips are bought straight away

Chris Weston

Pepperstone

The ASX, S&P and Euro markets are overbought short-term, but dips are bought straight away. It's no place for shorts in any convincing size, especially if US earnings are potentially showing signs of cyclical sales growth. Markets higher into the end of the year on stimulus assistance, but will need solid global growth once Fed taper in March. Longer-term bullish, with risks...the great thing about being a trader is I can change my bias if price dictates!


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Chris Weston
Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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