S&P 500 Slide is Stretched While Majors Positioned for Various Reversals

The S&P 500 carried over the bearish momentum that risk trends experienced last week, but the index looks stretched and faces significant technical barriers ahead. Meanwhile, the Dollar-based majors are staged for technical reversal with event risk and liquidity conditions blurring the intent for the next stage. Via DailyFX - Market News https://ift.tt/yckVvhg