S&P 500 turns lower, US dollar launches recovery from key levels

The S&P 500 and US Dollar may be ready to resume trends established since early 2012 after prices recoiled from bias-defining technical levels. S&P 500 – Prices pulled back from resistance at 1392.10, a horizontal barrier reinforced by a falling trend line set from late March, to take out initial... FF News: Technical

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Crude Oil: Loses recovery momentum, vulnerable below key resistance

With the commodity capping its corrective recovery at the 93.25 level and turning lower, Crude Oil remains vulnerable to the downside. This is consistent with its broader downside bias though it will have to take out the 84.05 level and the 77.70 level to resume that trend. Below here if seen will... FF News: Technical

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