![](https://wp-static.smartkarma.com/../assets/uploaded/2023/03/DailyBriefTechnicalAnalysisRemainOverweightEuropeUKNonUSEquitiesPullbackOverBuysinIndustrialsandFin.png)
In today’s briefing:
- Remain Overweight Europe/UK & Non-US Equities; Pullback Over?; Buys in Industrials and Financials
Remain Overweight Europe/UK & Non-US Equities; Pullback Over?; Buys in Industrials and Financials
- It appears the recent pullback is over, and we could see the MSCI ACWI (ACWI-US) test YTD highs at $93. We still expect $93 to cap upside in 2023.
- Overweight Europe/UK and non-U.S., we are buyers on pullbacks as long as FTSE 100 is above 7700, STOXX Europe 50 is above 3800, and EURO STOXX 50 is above 4000.
- As long as these support levels are holding, we are constructive from a price perspective
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