Daily Video - 10.13.11

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Another Surge for S&P 500, EURUSD and AUDUSD Still Lacking Conviction Though volume and conviction were absent this past session, risk-based assets and currencies managed another forceful thrust higher to clear out easily recognizable technical levels. WIth each advance, the bullish lean solidifies a little more; but a trend cannot last without participation. Which will give first: the rally in risk appetite or the sidelined market participants skeptical of this nascent trend?   Watch the Video Here Best regards, DailyFX Research Team research@dailyfx.com DailyFX Home | research@dailyfx.com | Contact US ©2009 DailyFX. All Rights Reserved. Forex Capital Markets, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. Forex Capital Markets, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Capital Markets, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.

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