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Posted inForex

S&P 500 at Risk of Breakout as PMIs Hit but Follow Through Would be a Problem

Posted by By 23/11/2022

We are coming into the final ‘full’ trading day of the US holiday-shortened week and there is both a provocative congestion pattern on the S&P 500 and meaningful event risk on tap. A break is possible, but any potential of follow through is capped by liquidity conditions.

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