S&P 500 (Mar 13) INTRADAY Review Yesterday we had a bearish outlook as we expected the political risk in southern Europe to continue to weigh on risk assets throughout the US session. This proved to be the case as Rajoy’s corruption scandal and Berlusconi’s improving popularity ahead of the Italian election saw peripheral bond yields spike higher in the first Eurozone crisis scare for several months. Our strategy report went out with a short entry at 1506 which quickly became too
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The commodity was selling off heavily yesterday
