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Monday, November 23, 2020

S&P 500 falls to unchanged on the day. The level to watch

The gains lasted 30 minutes

The gains lasted 30 minutes

The S&P 500 was up 24 points right after the open but the sellers took over and the index is now flat at 3340.

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The big level to watch is this week’s low of 3329. If that breaks it could get ugly.

So far the FX market is brushing off the equity market moves.

For bank trade ideas, have a look at eFX Plus

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