Closing changes:
- Stoxx 600 +0.2%
- German DAX +0.3%
- UK FTSE 100 -0.6%
- French CAC -0.1%
- Italy MIB +0.7%
- Spain IBEX +0.4%
On the week:
- Stoxx 600 +3.4%
- German DAX +3.8%
- UK FTSE 100 +1.5%
- French CAC +3.7%
- Italy MIB +5.1%
- Spain IBEX +4.2%
It was a good week but it's disappointing that European stocks couldn't get a better bid on Friday in this environment. The currency is obviously a headwind but it's not like European stocks were doing well when the euro and pound were falling.
CAC weekly - Does this qualify as a three candle reversal?