Intraday Market Thoughts
Archived IMT (2010.11.02)
by
Nov 2, 2010 2:58
5-GRAPHS-in-1; Combining EURUSD, SP500, Greek/Portuguese/Spanish Spreads vs. Germany http://bit.ly/aNgChh The top half clearly shows the highly correlated failure of both EURUSD and SP500 to close above their 200-week MAs, while the lower half shows the notable (and simultaneous) rise in Portuguese, Greek & Spanish 10-year spreads relative to Germany. JC Trichet warned France and Germany against shouldering the cost of any future bailouts with bondholder funds via debt restructuring and said that taxpayers should finance any future Eurozone bailouts. WATCH THE $1.37 support very carefully.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14