Global Market Strength Boosts U.S. Stock Indices
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The overnight strength in the global equity markets spilled over to the U.S. markets on the opening. Demand for higher risk is rising because of concerns over U.S. debt. With new Treasury debt being issued this week, investors are looking for higher returns. The inability to follow-through to the upside under thin trading conditions has encouraged traders to back off from the highs slightly. The chart indicates that a daily reversal top is possible.
Read the full article: http://www.futureshound.com/article/Pattern_Price_and_Time/A...
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