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Markets are retracing, not....>

GLOBAL MARKET/OPINION
GLOBAL MARKET/OPINION: Markets are retracing, not a surprise given the extent of
recent moves and extreme oversold conditions. Key medium-term levels to watch:
Precious metals and Oil:
*** Gold: Res: $1553.9, Mar 17 high. Sup: $1445.7, Nov 12 low. Remains bearish.
*** CLK0: Res: $30.61, Mar 17 high and $36.70, Mar 11 high. Bearish. 
Fixed Income:
The trend is bearish below $36.70.
*** RXM0: Res: 171.39, Mar 18 high and 173.16, 50-day EMA. Bearish!
*** KEY PATTERN ALERT: Is RX1 highlighting a broad double top reversal threat?
*** TYM0: The underlying trend remains bullish and the recent sell-off found
support ahead of a key level: 133-06+, the 50-day EMA.
Equities:
*** EUROSTOXX 50: Res: 2908.70, Dec 27 2018 low. The broader direction is down.
*** SPX: Res: 2562.98, Mar 16 high and 2796.33, 20-day EMA. Bearish!
Forex:
*** DXY: Sup: 99.910, Feb 20 high and former breakout level. The dollar is firm.

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