S&P 500 technical positioning hints prices may be carving out a double top, hinting at the possibility of a near-term recovery in the safe-haven US Dollar. S&P 500 – Prices completed a bearish Evening Star candlestick pattern below resistance at 1380.60, the July 5 high, and broke back below the 1392.10 level. Sellers now aim to challenge the bottom of a Rising Wedge chart formation set from early June, now at 1350.30, exposing the familiar 1334.40-41.90 area. Negative RSI divergence reinforces the case for a downside scenario. CRUDE OIL – Prices appear to have completed a bullish Head and Shoulders (H&S) bottom chart ... (full story)