10.08.2017 • 13:00 GMT
S&P 500 Fails Both Bullish and Bearish Breaks, Keeping Tabs on Dollar and Yen Reversals
John Kicklighter
• The S&P 500 failed to metabolize a bullish break of a wedge Tuesday on North Korea, then failed a bearish break Wednesday
• Concern remains about the state of the global order between over-leveraged markets and increasingly belligerent relationships
• We weigh conviction behind reversals for the Dollar, Yen and Franc crosses along with breakout pressure on SPX and Oil
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