As Draghi drones on, we’re reminded once again that central bankers abhor “markets” that dare fall while they’re pontificating.
The ECB? Swiss? It doesn’t really matter, as the eminis are up 10 points with 15 minutes to go till the cash open.
While EURUSD approaches our long-awaited downside target, the stage is being set for another gap opening for equities that will see them jump up past key resistance points.
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