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Dollar Mounts Recovery as S&P 500 Sets New 6-Week Low
DailyFX S&P 500 TECHNICAL ANALYSIS – Prices declined as expected after putting in a Hanging Man candlestick. Sellers are now testing support at 1634.30, the 50% Fibonacci retracement, with a break beneath that targeting the 61.8% level at 1616.60. Near-term … Dollar Treading Water Before FOMC Minutes as S&P 500 Corrects Dollar Finds Support as S&P 500 Drops to New Six-Week Low |