17 January 2021
Posted in
sentix Weekly
Correction likely
The tendency to sell, which intensified in the course of the week, has led to a clear slump in sentiment. This is particularly pronounced among the professionals. We do not see this as a contrarian indication but rather as a negative sentiment impulse that could initiate a wave of correction. Private investors are still relatively relaxed and portfolios are still moderately overinvested. The second half of January is thus likely to be rather negative for equities.
Further results:
- FX: EUR/USD bias turns
- Bonds: Weak underlying confidence
- sentix sector sentiment
Click here for the full report (requires a sentix registration)