EFG Sell-side卖方

GM Market Rhythm

Sep 22, 202615 pages页

From the report报告摘录Small Cap Failure: Russell 2000 rejected breakout despite oversold conditions, 200dma exposure confirms persistent downtrend; small caps rarely precede broader market recovery.

Inside the report报告内文 Verbatim from the original PDF — first pages原版 PDF 开篇原文 · 逐字摘录

Technical Analysis Global Markets

Philipp Sporka Lara Olgiati, CMT, CFTe Stefano Passera, CFTe

This document is a trading desk commentary based on technical analysis only, and may differ from EFG’s official view. It does not constitute financial advice.

Equities & Other Philipp Sporka Lara Olgiati

Taiwan TAIEX TWSE, 47,718 TAIEX just logged its second - highest close ever and sits just below the June record, without being overbought . Still a positive, running chart and a clear assist for the global semi bull case .

Source: Bloomberg FOR PROFESSIONAL INVESTORS ONLY 21 September 2026 Page 3

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