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Jobs Report Adds Fuel To The Stock Market Rocket Ship (Is It Enough?) | S&P 500 Technical Analysis
In today's S&P 500 Technical Analysis Daily Update I discuss the impact that the jobs report had on todays stock market boost.
The bears have pitched a new camp up on the SP500 right at the stock market highs. The questions is wether or not the bulls have enough feul in their ship to blast through this resistance.
I will be going over the support and resistance levels on the S&P 500 as well as looking at multiple time frames (daily and the 30 minute candlestick chart) to get a good sense as to where the stock market is heading.
I do these stock market sp500 forecasts everyday Monday - Friday so be sure to subscribe and hit the bell to get notified everyday they are released!
TIMESTAMPS:
Intro: 00:00
Jobs Report: 00:33
Daily Chart: 01:52
Thirty Minute Chart: 04:24
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#SP500 #TechnicalAnalysis
DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time.
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