Fire of Fear Spreads

Site Administrator | November 10, 2011

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Yesterday was officially Italian day in the global markets as credit fears spread from Greece over to Italy.  As Italian bond yields surged the overall markets dropped as fear and selling went hand in hand and the markets dropped sharply.  We point out a very helpful piece of advice for traders this morning which is to watch for sharp reversals or accelerations during major market opens (example- the Asian Open, European Open and US Cash open).  You can view our daily video below to see key areas in the markets:

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