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The NASDAQ 100 has rallied quite significantly during the trading session on Thursday as the jobs number came out better than anticipated.
The NASDAQ 100 initially dropped a bit during the trading session on Wednesday, but then turned around to show signs of life again.
The S&P 500 initially dipped during the trading session on Wednesday but found buyers underneath the turn things back around to break above the 3100 level.
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The S&P 500 has rallied significantly during the trading session on Tuesday, breaking towards the 3090 handle.
The NASDAQ 100 has shown itself to be resilient, breaking through the 10,000 level.
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The NASDAQ 100 gapped lower to kick off the trading session on Monday, dropped a bit, but then found buyers underneath at what would be the bottom of the overall channel.
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The S&P 500 initially gapped lower to kick off the trading session on Monday as people started to worry about coronavirus figures again
Germany’s economy is faced with a steep recession in 2020, estimated between 6.5% and 8.5%, while it battles a resurgence of Covid-19 infections.
The S&P 500 fell hard during the day on Friday, but the thing that you should pay more attention to than the negativity is the fact that the 3000 level is still a hot zone for both buyers and sellers.
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Growth forecasts for the German economy have been revised lower, following a series of global GDP adjustments to the downside.
The S&P 500 broke down significantly during the trading session on Thursday, reaching down towards the crucial 3000 level during the Globex session.