Short DAX at 7740

GBP/USD 1,3744, Barclays -23 %, HSBC pretty stable, RBS + 7 % ....

 

it's all blowing apart, dAX cannot rebound

 

If we see 829 dax will rebound around 4350...

 

I don't see that happening

 

After 11 or 12 red days... One green is always possible

 

you're absolutely right, if we don't break 800 on the ES then we should go higher, let's see what markets decide

currently flat, looking to see if we take out 4220 on the Dax on the upside or 4145 on the downside

 

we should note that at least for now the downpressure has dimished leaving some space for a bounce. I got long 4162.
The US will probably head lower in the first few minutes.
Currently the banks throw everything on the market they still own (that should not be that much), if that supply dimishes we could see a significant rally in equity markets.

 

Depends on what Obama team will release regarding "bank crisis"..let´s see.

 

true

might see again 800 before

 

60 min SMA 4232.00...