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16Nov2016 Market Update: US Dollar At New 14 Year High, WTI Crude Very Volatile, Short-Term Indicators Bullish, But A Downturn Is A Possibility

Wednesday, November 16, 2016 12:03
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Written by Gary

Wall Street is sea-sawing sideways after opening down. Afternoon trading remains in the red (SPY -0.3%) on diminishing volume after a seven-day rally. U.S. manufacturing output increased for a second straight month, crude prices edged higher in volatile trading and gold remains testing support.

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