The WIG Index open was high, but we have finished barely above the 168% Fibo level (as per picture). The RSI and CCI seem to confirm the fall. The sell signal was generated (as per lower low), nevertheless we are still above the 24100.
We are still in struggling between those two levels (24100 and 29600). There was no session in US today.
It seems the US treasury notes are no longer popular among foreign investors (here).
Obama Barack will be sworn tomorrow as the 43th president of United Stated of America (here).
Another bank in UK with financial problems - Royal Bank of Scotland (here). Overall commentary on bank bailouts here.
Sources:
[http://seekingalpha.com/article/115246-foreign-governments-dumping-u-s-assets]
[http://www.marketwatch.com/news/story/Support-Obama-strong-economic-mood/story.aspx?guid={A63C3368-1A8A-409F-BE17-B86410A675CC}]
[http://www.marketwatch.com/news/story/RBS-shares-slammed-after-bank/story.aspx?guid={66ECB27B-0895-4A08-BDBC-655340762EB3}]
[http://money.cnn.com/2009/01/19/news/loans.banks.fortune/index.htm]
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