Intraday Market Thoughts
Archived IMT (2010.05.07)
by
May 7, 2010 15:34
MARKET VOLATILITY RETURNS as US equities drop 1.4%, FTSE-100 and Dax-30 drop 2.5%. JPY rallies across the board, while Aussie sustains broad damage, especially after the RBA reiterated overnight that interest rates were most appropriate. AUDUSD vulnerable to retesting 0.8750, AUDJPY eyes 78.80. OIL SLUMPS by more than $2.00 to 74.50. We said last night it was IMPOSSIBLE FOR A 8-9% INTRADAY DECLINE in major US indices to take place without any victims and forced selling. EVER since the VIX had its 6th largest increase ever on Apr 27, the index never fell below that 18 level,
Latest IMTs
-
Deflationary Bitcoin صلابة بيتكوين
by Ashraf Laidi | Apr 24, 2024 11:20
-
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