Macro Morning

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By Chris Becker

Risk on as Hurricane Irma switches off (or down a few notches), with the USD returning to strength and a new record high for US stocks overnight.

Recapping Asia yesterday the Shanghai Composite gained strength going into the close, finishing up 0.3% to 3376 points as it starts the week to try to lift above resistance at 3400 points. The daily chart continues to show a lot of congestion here at just below 3400, so if broken the upside move could be violent:

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