Indices/Commodities Outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 2038 The S+P has headed higher into the major resistance area, but is yet to take out the 2050 area that we previously mentioned, but abo …
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DXY: Some room for a downside correction in the dollar index by Jim Langlands

  DXY: 88.32 Having topped out at 89.55 last week, just shy of the major target at 89.62, the March 2009 peak, the  DXY has since retreated, to close Friday back at 88.32, …
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DXY: At trend highs but running into very strong resistance. Time for a retracement? by Jim Langlands

The DXY has made it to the important resistance at 85.20 (76.4% of 89.59/72.70) which is also strong trend line resistance, joining the tops from March 2009/May 2010, so some cauti …
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