Chart 1 : US consumer confidence has reached a 9 month high in April 1
Uni of Michigan US consumer sentiment remains in trading range since 2012, ranging between 72 to 85 .
Chart 2: EU consumer confidence has risen to the highest since 2011!
EU Sentiment indicator continues to improve over the last couple of months. April reading rose to -8.6, from -9.3 in march and -15.3 in six month ago.
Consumer confidence is is one of the best contrary indicators to time long term ups & down..