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October 23, 2012

US Dollar Breakout Lacks Support from S&P 500

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THE TAKEAWAY: The US Dollar pierced resistance defining the down trend since June but the lack of a parallel breakdown in the S&P 500 warns follow-through may be limited. S&P 500 – Prices pushed lower as expected after putting in a bearish Dark Cloud Cover candlestick pattern below resistance a... FF News: Technical

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