20090127

The WIG Index lost -2.36% today:

wig_20090127

The situation hasn't changed too much and it's still quite dangerous - the WIG Index is floating just above the important level of 24100. There is long- (weekly) and medium-term (daily) downtrend. The volume was small and the charts are giving no reason to open long positions, but we still didn't cross the yearly low.

Brian's video (here) also demonstrate lack of decision in US market.

The PLN interest rates were cut by 75 points to 4.25% (here). There weren't any special reaction on EURPLN or CHFPLN charts.

It seems the recession is well visible also in Poland now (here or here).

Oil still shows quite a volatility (here).

Sources:
[http://gielda.onet.pl/0,1904662,wiadomosci.html (via Google Language Tools)]
[http://gielda.onet.pl/0,1905119,wiadomosci.html (via Google Language Tools)]
[http://news.money.pl/artykul/rpp;ostro;tnie;stopy,215,0,422615.html (via Google Language Tools)]
[http://www.marketwatch.com/news/story/Oil-tumbles-9-market-looks/story.aspx?guid={BC12E984-63C6-4E6B-B35A-5CCDEA7D5AC1}]

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