THE TAKEAWAY: The US Dollar hit a one-month high while the S&P 500 broke support guiding the upswing since mid-November, hinting the larger selloff as resumed. US DOLLAR TECHNICAL ANALYSIS– Prices are testing above resistance at 10044, the 32.8%Fibonacci expansion, after completing a bullish Flag chart pattern. A break higher exposes the 50% level at 10082. Near-term support is at 9995, the 23.6% Fib, with a drop below that aiming for trend line resistance-turned-support at 9967. Daily Chart - Created Using FXCM Marketscope 2.0 S&P 500 TECHNICAL ANALYSIS – Prices broke down as expected after putting in a bearish ... (full story)