Sentiment Snapshot: Bullish Technicals, Bearish Fundamentals

Callum Thomas writes in topdown charts….The key takeaways from the weekly sentiment snapshot are:

-Investors appear ‘reluctant bulls’; bullish on technicals, yet bearish on fundamentals

-Bond investors are in agreement on the softening fundamentals, and remain very bullish overall

-A big breakout in bonds could be on the cards in the near term if recent history repeats

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