Dollar Looks Near Important Turn, S&P 500 Shows Concrete Danger Signs
- We like joining the forex trading crowd in getting short USD in key pairs
- Watch critical warning signs in the S&P 500 at these levels
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar looks at risk versus the Euro and British Pound, while the S&P 500 is finally showing concrete signs of turnaround. These are the price levels we’re watching.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.