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As I am sure you all know, the S+P 500 rose to its highest ever level yesterday, when it set a record at 5,094.39. The index later posted a record daily close, at 5,087.03. That 2.11% gain on the day (+105 points) came second only to the Nasdaq 100. Of course the index is very much into uncharted territory once again, but there is a level of potential note, that might be worth keeping an eye on, when the index reopens this afternoon. I am right now looking at the daily chart and I see an upward topside trend line coming into play at around 5,126. That stems from previous highs reached on the way up, since January 24. Of course there is no guarantee the index will test this level and if it does, no guarantee it will deliver resistance. It is worth noting all the same. The index is right now priced to reopen at around 5,083
The Pound performed pretty well yesterday and continued to press higher from an earlier session low at 1.3203, seen just as the European markets...
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
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