Tag Archives: KLCI
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S&P 500 Reverses from Record High, Turning to Dow Chart for Cues
Yesterday, the S&P traded to a new record high before slipping; attention is on the Dow and a chart pattern coming into view.
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S&P 500 May Continue to Trade Higher According to Sentiment
The combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.
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Crude Oil Price Forecast: Oil Rises For 5th Day on Huge Stockpile Drop
A steep drop in US crude stockpiles on Wednesday are aligning with a jump in backwardation, which may mean the bulls remain in control despite recent demand concerns.
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EUR/JPY Bounce Up to Fibonacci Resistance After Early-Month Breakdown
The Euro has put in a week of recovery after the earlier-month breakdown saw more than 600 pips taken out of EUR/JPY. But with prices now nearing prior support, will sellers be able to regain control?
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