Dollar Breakout and S&P 500 Breakdown Don’t Project Conviction Into Next Week
The technical levels were clear for the US-based S&P 500 and Dollar through the end of last week, and both tentatively earned a ‘break’ Friday. That said, follow through was clearly under scrutiny by the time liquidity drained. Have we already cleared the sentiment hurdle or do we need a more robust push next week for trends?
The technical levels were clear for the US-based S&P 500 and Dollar through the end of last week, and both tentatively earned a ‘break’ Friday. That said, follow through was clearly under scrutiny by the time liquidity drained. Have we already cleared the sentiment hurdle or do we need a more robust push next week for trends?
