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Perfect bearish storm: Unsure on pace or strength of market correction; Gold down to $750;...

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The perfect bearish storm has been created with European stocks wobbling, the FTSE 100 hovering just above 6000, Yen and USD strengthening and EM currencies weakening, noted Paul Rodriguez, from ThinkTrading.com, when he joined Zak Mir and Charlie Gibson on the Tip TV Finance Show. Key Points: Rodriguez highlighted the viscous circle of people looking for yield, which began with money flooding into emerging markets, which isn’t a long-term proposition and he believed there are huge moves

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