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13Apr2016 Market Close: Markets Close Strongly In The Green, US Dollar Continues To Move Upward, Indicators Now Neutral And Up To Mr. Market
Wednesday, April 13, 2016 13:49
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Written by Gary
US markets closed up nicely, over one percentage point and the $RUT over two percentage points. The SP500 seems to have moved into the 2080 / 2085 resistance ‘zone’ and that is a bullish move. However, the SP500 needs to keep moving upwards to confirm this potential breakout. Crude oil prices were very volatile, but could not keep a leg up and settled in the mid 41′s.
Source: http://econintersect.com/pages/market/market.php?post=201604131522
