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S&P 500 Nears Official Bear Market, EURUSD Breakout Overdue


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Another effort to mount the bullish troops to post a meaningful recovery for ‘risk assets’ was crushed this past session, pushing the S&P 500 closer to a technical ‘bear market’ and the Nasdaq 100 to the midpoint of its post-pandemic climb. Meanwhile, the pressure for a EURUSD breakout is mounting – technically, fundamentally and statistically. 

 

 

DailyFX and IG.jpg

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