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As noted here a little earlier this morning, the close on the S+P 500 and the Nasdaq 100 not technically positive. The one that stands out the most in that respect is the S+P. The index opened higher, at 6,089.03 (a record opening). It had set a record close on Wednesday, at 6,086.49. The new record high seen yesterday was set at 6,094.55, but it later fell back and set a lower close on the day, at 6,075.11. That was a textbook outside day reversal folks and from a new all time high too. However, as regular readers will surely appreciate; this does not always deliver what it should, but at the same time this must be respected for what it is- a technically weak close and that could warn of exhaustion. So, we shall see by the close tonight, if that is the case. There will be more to add on this as the day unfolds. Right now the index is priced to reopen around 6,073
As reported on here yesterday, the USD/JPY made it back above the 150 handle for the first time since March 5. The high seen was set at 150.14, but...
The Swiss National Bank (SNB) is widely forecast to lower its OCR (Official Cash Rate) by 0.25% at 8.30am GMT this morning. The current rate of just 0...
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