XJO 0.73% 8,057.9 s&p/asx 200

US bond yields down, Italy, Spain yields down.Where is the debt...

  1. 435 Posts.
    US bond yields down, Italy, Spain yields down.

    Where is the debt crisis? We just need proactive govt policies to contain this so-called crisis.

    Technically, XJO has corrected 20% and completed the downward breakout of 4450 at almost the same amount from 4900 to 4450.

    I have a feeling US won't fall as much as everyone thinks. They had already got that downgrade smell when their session started last Friday and DOW managed to recover.

    Another big thing is FOMC meeting tmrw. If Fed and ECB coordinated their actions, market will love it.
 
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