UBS Sales Desk: Technical Rally To End Shortly, Lows Could Be Retested Late JulyMark Melin
The stock market Brexit bounce is likely to be short-lived, says a report from UBS sales trading desk. On a technical basis, wave patterns could take stocks higher in the short term, but a gravitational pull might take place near the major political conventions in July.
Brexit sell-off generated fear, but not panic
The Brexit sell-off that occurred mostly on Friday and Monday did technical damage, according to the independent views of Michael Riesner . . .
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