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Wall Street falls with Euro Zone Jitters

|Includes: FXE, GLD, SPDR S&P 500 Trust ETF (SPY), USO, UUP
US stock markets closed lower on tuesday 16th of August.
Silver and Gold close higher with Gold nearing its highs.
The Euro fell almost half a figure vs the USD.
West Texas Intermediate Crude Oil closed around $87 per barrel.

The Big Picture

On tuesday 16th of August, US stock markets closed lower in a day marked by news from the euro zone. Markets remembering of 2008. Volatility is back.

Source: Dshort
Outlook

S&P 500 presents resistance at around 1250 to 1275 points and support at 1100 to 1089 points and lower at 981 points.

Gold presents short term resistance at $1805 and support at $1689 to $1656.

The Euro euro presents resistance at $1,4750 and support at $14230 and $1,3730.

Crude Oil presents short term resistance at $92,10 and support at $77,40.



Watch top financial clips updated everyday at:   TAO Investor

Tuesday Aug 16th video clips with: Jim Rickards, Art Cashin, Max Keiser