Bernanke : ".. when the economic outlook has improved sufficiently, we will be prepared to tighten". Obvious. Say = No Say. But market chose to react anyway. For how long?- USD Index : Some recovery post Bernanke but downtrend intact.
- US10YY : Bounce in yield off Bernanke comments. Looks like test of 3.11% and lower will be delayed. Sideways around 3.26%-3.50% first.
- S&P500 : Nice bounce off UpTL. Positive still.
- Gold : Weekly triangle objective 1108 on.
10 October 2009
Benchmarks : Weekly Update
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