Not a bad spot for a rally to stall:
Prophet.net
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Retracements have a tendency to move into the territory of previous rapid price changes, such as the drop from 1100 to 1080 several sessions ago.
Commodities and commodity currencies have had a great few days, and they have more than cleared their oversold conditions. The Euro even enjoyed a nice rally today, but it is moving closely with the S&P again.
- Tags: commodities, euro, RSI, technicals
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(1 votes, average: 4 out of 5)
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