Elliott Wave Update ~ 25 August [Update 7:25PM]

By Danerics Waves on August 25th 2010

[Update 7:25PM: I think its one of those moments where getting caught up in the squiggles is going to be exacerbating at times for both bulls and bears.  I like to compare things to P[1] at stages.  And since the is P[3], things will not play the same. But there could be some very comparable moments.

For . . . → Read More: Elliott Wave Update ~ 25 August [Update 7:25PM]

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Drop In Euribor And EUR Libor Causes Sharp Drop In Euro As Funding-FX Correlation Persists

By Zero Hedge on July 30th 2010

As expected, the tight correlation between European interbank funding rates and the EURUSD FX rate continues: today, we have seen the first inflection point in both 3M Euribor and 3M EUR Libor, as both have dropped marginally lower, the first from 0.899 to 0.896, the second from 0.83344% to 0.8325%: this is the first decline since . . . → Read More: Drop In Euribor And EUR Libor Causes Sharp Drop In Euro As Funding-FX Correlation Persists

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Morning Post, SPX, S&P 500, E-mini

By Shanky on July 14th 2010

UPDATE – Yellow line on RUT (which was leading the fall and is now playing catch up in the recovery) and the gap fill are not far off. Sadly that is an enormously bullish candle. That can to be ignored.

UPDATE – About to puke up a lung? Again another ugly chart (this is one of my . . . → Read More: Morning Post, SPX, S&P 500, E-mini

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