S&P 500 Looks for Direction Near 2011 High, US Dollar Treading Water – DailyFX
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S&P 500 Looks for Direction Near 2011 High, US Dollar Treading Water
DailyFX By Ilya Spivak, Currency Strategist THE TAKEAWAY: The S&P 500 remains perched near the 2011 yearly high waiting for clear directional cues while the US Dollar is treading water below Fibonacci resistance. S&P 500 – Unchanged from yesterday: “Prices … S&P 500 Nears 2011 High as Dollar Chart Setup Sees More Weakness |
