Thursday, 11 October 2018

S&P 500 Technical Outlook – Just Like That, Big Trend Support Test Upon Us

Yesterday's sell-off has the SPX reeling towards a confluence of significant trend support which held the market together earlier in the year; make or break?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...