Traders, SnP500 seems to be breaking out at the moment on the monthly chart. But for that to happen it needs to sustain its position above 3589 level which is the last high. If this month closes below this level the the SPX500 index will be at the risk of falling further down. This month's closing is very important. So watch it. Also beware of similar scenario on DollarIndex (DXY) as below:
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Take care and trade well -Vik
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