– S&P 500 Breaks Trend Support, Softens Technical Outlook.
– US Dollar Drops as NFP Prints 134k; EUR/USD Re-Tests Resistance.
– Are you attractive for longer-term assay of Equity prices? Check out our Quarterly Forecasts as allotment of the DailyFX Trading Guides.
Q4 is seeing an accretion bulk of burden about equities as an antecedent move college to admission the division has been deeply faded-out. While the Dow set a beginning all-time-high in the aboriginal few canicule of the quarter, the S&P 500 put in a agnate move of strength. The Nikkei punched-up to a beginning 27-year aerial on Monday, but the second-half of the anniversary hasn’t been so affectionate to those above-mentioned bullish themes. Meanwhile in Europe, accident abhorrence has reared its animal arch and both the DAX and the FTSE 100 are ability bearish themes; bringing to catechism the activity of a assiduity of the backbone that showed in the second-half of September in both indices.
Given the context, it could be accessible to booty a footfall aback to get a bigger-picture attending at matters.
Q3 was appreciably able for US stocks, as the S&P 500 confused up by as
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