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  1. Technical Analysis for DOLLAR INDEX, S&P 500, GOLD, CRUDE OIL

    by , 08-18-2014 at 05:58 PM
    Talking Points:

    • US Dollar May Drop Before Larger Advance Resumes Anew
    • S&P 500 Continues March Upward, Eyeing July Swing Top
    • Crude Oil Chart Setup Suggests a Rebound May Be Brewing

    US DOLLAR TECHNICAL ANALYSIS – Prices turned lower as expected, completing a bearish Evening Star candlestick pattern and hinting at further losses ahead. Negative RSI divergence bolsters the case for a downward scenario. A daily close below the 14.6%Fibonacci retracement at 10547 exposes the ...