JDBETS

SPX rally hits resistance as uncertainty continues to loom

JDBETS Updated   
SP:SPX   S&P 500 Index
First attempt at a post... SPX hit resistance with today's rally shortened prior at close. Let's see if the market aims to take weekly profit to offset earlier losses this month. Unemployment data and delays to stimulus should continue to shore up uncertainty on the overall health / economic situation.

This is for educational purposes only and should not be used for trading advice.
Comment:
Unemployment numbers coming in 2-3x initial estimates... and likely higher when we roll into next week..

Also, relief checks may not reach individuals for 3-4 weeks...

Interested to see if the market takes profit and retraces to test bottom end of week / beginning next week.
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