Viewing entries tagged Support and Resistance
Over the weekend, Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure a second international bailout and avoid national bankruptcy. Out of 300 lawmakers, a total of 199 backed the bill. The passing of the austerity bill was a boon for market traders who ...
It’s no secret in the markets now that traders and investors are highly concerned about the on-going debt crisis in Europe. However, what is that one crucial clue to give us a clear leading indicator that risk is off the table? The answer, is bond yields. By definition, a bond yield is the return...

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