币界网报道:[Bank of America: Global stock markets are close to triggering a sell signal] According to the Coinnet report, Bank of America strategist Michael Hartnett warned that global stock markets are about to trigger a technical "sell" signal after hitting a record high this week. He said that the market is currently running overheated after soaring 20% in just two months. He cited fund flow and market breadth data as evidence that investors have flocked to risky assets and their positions are too high. Traders often use this as a bearish signal because in theory it can indicate that market buying power may soon be exhausted and prices are prone to callbacks. Data cited by Hartnett showed that in the past four weeks, funds flowing into stocks and high-yield bonds accounted for 0.9% of total assets. He said that if this figure rises above 1%, it will be a sign for investors to sell. At the same time, the market is approaching the "overbought area". About 84% of national indexes are above their 50-day and 200-day moving averages. He said that when the indicator reaches 88%, his selling trigger point will arrive.