"Sell Everything Europe": 3rd Biggest Dump In A Decade As Flows Go Full Capitulation

3rd percentile 

JPM: "....our combined EU positioning metric fell to just the 3rd %-tile since 2015 and below -1.5z by Mar 27. Similarly, the 4wk change in positioning hit below -2z…the most negative since Lib day last year and quite negative vs. the past."