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Stock market bulls bruised but not buried …yet

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    European stock markets have had a terrible day, and it could be an ugly finish on Wall Street too where the major indices are sharply lower as we go to press. So much was at stake at this particular ECB meeting, but Mario Draghi and his colleagues clearly disappointed as they chose to cut the deposit rate by only 10 basis points and extended QE by six months. Hopes for a 10-20 billion euro increase in the monthly asset purchases programme were also dashed. Investors panicked and sold their

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