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Article By: Andre Gratian
Sunday, April 16, 2017 2:33 PM EDT
SPX may be ready to reverse course with a rally in a downtrend which could retrace a minimum of 50% of the decline from 2378 to 2353 before resuming its downtrend. Should it exceed that level with enough momentum, a move to 2380 would be possible.
Article By: Global Economic Intersection
Tuesday, April 11, 2017 5:40 AM EDT
The March employment report was not nearly as weak as the headline increase of 98,000 new jobs suggested, which is why Treasury bond yields initially plunged and then rebounded on Friday.