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US stocks attempting to move higher

Jun 6, 2019 (14:06)

by John Knobel

US stocks attempting to move higher on bets that Mexico will avoid US trade tariffs; Focus turns to tomorrows US Non-Farm Payrolls for price direction; SP500 index current price 2828; support 2690 to 2630; provided current price can hold above the downward trend line (see chart) a move towards the 2895 resistance can not be ruled out, however downside potential remains as upside momentum remains weak.

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