We can expect some US dollar upside

Market Review Yesterday saw a continuation of the S&P’s recent downward trend with little macro news to generate any buying power. We are into the thick of the roll over period and also the dollar index broke below its 200 DMA, which were both forces that added pressure on the downside for the S&P index throughout the US session. Our short entry level was at 1639.75 and the index came within 6 ticks of this level just after the cash open before the market then trended strongly lower

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We can expect some US dollar upside

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