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US equities extend gains to erase Friday’s loss


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S&P 500 up 47 points

US equities are off to a strong start with the S&P 500 climbing 47 points, matching Friday’s decline.

The chart is still damaged but at least it’s showing some life.

I don’t think we will get a sustained rally until after the US midterms but this might be the start of a bottom…or it could evaporate in an hour.

The equity strength is adding to a bid in the US dollar.

ForexLive

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