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August 28, 2012

US Dollar Bounce Meets First Hurdle, S&P 500 Topping Continues

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THE TAKEAWAY: The US Dollar has recovered to meet the first layer of resistance while the S&P 500 appears to be carving out a top below the May and March swing highs. S&P 500 – Prices are retesting resistance in the 1415.10-24.90 area marked by the March and May swing tops after an initial push... FF News: Technical

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