Where The Fugawi

BofA’s calculation of the world’s most overbought and oversold assets, based on their deviation from the 200 DMA.

For total assets, most overbought are:

  1. European Equities
  2. UK Equities
  3. EM Equities
  4. US Equities
  5. Pacific Rim ex-Japan

And most oversold:

  1. US Dollar
  2. Government Bonds
  3. Gold
  4. Investment Grade Bonds
  5. Oil
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