Talking Points: Support: 2089.40, 2081.20, 2072.90Resistance: 2099.50, 2115.90, 2137.10 The SPX 500 turned downward anew after finding resistance above the 2100.00 figure, dropping the most in five months. A daily close below the 38.2% Fibonacci expansion at 2089.40 exposes the 50% level at 2081.20. Alternatively, a reversal above the 23.6% Fib at 2099.50 clears the way for a challenge of the July 31 high at 2115.90. ...
Talking Points: US Dollar Signals Near-Term Top Forming Below Six-Month HighS&P 500 Chart Positioning Hints a Downturn May Be in the CardsGold Moves to One-Week High, Crude Oil Struggling to Advance US DOLLAR TECHNICAL ANALYSIS – Prices may be carving out a near-term top after forming a bearish Evening Star candlestick pattern. A daily close below the 14.6% Fibonacci retracementat 10618 exposes the 23.6% level at 10591. Alternatively, a reversal above the 14.6% Fib ...