S&P 500 Index: Holding or not support at 3915 to shape USD trend – Scotiabank SP500 VIX DollarIndex Banks
and the S&P 500 Index. They conclude that the key support at 3,915 for the S&P 500 is set to determine the USD trend.“Our correlation screen reflects tightening positive correlations between the DXY and the VIX on the one hand and a stronger, negative correlation between the USD and the S&P 500 on the other.”
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