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Technical Analysis SP500 : 2016-02-16

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Strong retail sales supported index The US stock exchanges were closed on Monday due to the holiday – the President’s Day. Nevertheless, the stock index futures were traded. Their positive dynamics is depicted in the CDF on S&P 500 chart. Investors await the US stock market growth supported by the increased January retail sales released on Friday. Will S&P 500 continue advancing? The core retail sales, excluding automobiles, gasoline, building materials and food, rose 0.6% in January.

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