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S&P 500 formed a Doji at support

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    S&P 500, Daily Over the past few years US stock market has been rising at the back of the FED quantitative easing programs and low interest rates. Cheap money made it possible for the US companies to buy back their shares and therefore drive up the EPS (Earnings Per Share) metric, which again encouraged new money flows into the stock market. Now that that both the QE and cheap money are history the stock market has been losing its bullishness. The latest sign of this was a lower high that

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