S&P breaks main pull back rally

 In Uncategorized

S&P500 broke the main pull back rally support line on the hourly chart after the worst than expected unemployment numbers which showed 6.6 million citizens added to the US unemployment.
Expect a major pull back in the down trend followed by 3 take profits:
First at $2480
Second at $2450
And when it breaks, a free fall to $2280-$2320 area.

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