It seems that global rate cut may start, US Federal Reserve injects large amount of cash by every means, selling pressure in US equity could be released through coming weeks.
Technically, DJ index, due to the price pattern of recent down side moving, could be back to 11500 -- 12000 very soon as upside moving resume.
As turmoil calming down in financial and equity markets, the favorite of currency market is likely away from JPY and US dollar.