S&P update

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.

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