Cumulative Net Advances for MSCI World Index Negative For the First Time Since 2012
Livewire News
Livewire
Cumulative net advances, one of the momentum indicators Gavekal Capital look at when assessing the internal strength of the market, has turned negative. This indicator is derived by taking ‘the moving one year sum of the number of advancers less the number of decliners each day and compare it to the price of the relevant index. For the MSCI World Index, net advances turned negative about a month ago and have remained in negative territory since that time”. Full article available here (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Already have an account? Sign in here
Advertisement
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Never miss an update
Get the latest insights from me in your inbox when they’re published.
4 topics
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Please sign in to comment on this wire.