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S&P 500 threatening April low on Fed fears

Discussion in 'Technical Analysis' started by ForexLive, May 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Dollar rips, stocks tumble after FOMC Minutes The next month suddenly got a lot more interesting with the signalling that a hike could come June 15. FOMC Minutes The stock market doesn't like it and is now challenging the April low of 2034. The intraday low nearly matched it, although there has been a 4 point bounce.

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