by Bespoke Investment Group
After declining more than 2.5% yesterday, the major equity indices in Italy and Spain are both down nearly 1.50% today. As shown in the top two charts below, both are currently in "don't catch a falling knife" patterns to put it bluntly.
While Europe falls apart, India and China have both seen huge price moves to the upside this week. China's Shanghai Composite has rallied 4.77% since Monday, while India's Sensex is up 4.20%.
Which areas of the world would you rather see rallying? India and China or Europe?
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