fxstreet.com 17 Feb, 2021 13:45 am

Support at 3890/82 needs to hold to avoid a bearish reversal week – Credit Suisse

Support at 3890/82 needs to hold to avoid a bearish reversal week – Credit Suisse
The S&P 500 is struggling to hold its move above the 3900/3930 resistance zone as rising bond yields finally look to start to weigh on the market. Th

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The market is seen at a potential key inflection point, especially with yields expected to rise further yet and the Credit Suisse analyst team is alert to the potential formation of a bearish “reversal week”.We would see support then next at 3871, then 3847/37.

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