Down Days Nowhere Near Historic Extremes

Livewire
The recent market correction has moved our down days market internals indicators from multi-year extreme lows (i.e. little to no volatility on the downside), but none of them has reached a level historically consistent with meaningful lows in price. For the MSCI World Index, the six-month sum of days that have finished down by 1% or more hit 12 last week, just short of the 13 registered back in March (the most extreme value since 2012): View the 2% or more and 3% or more charts by clicking the (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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