Stocks managed to keep the winning streak going. The S&P 500 index went up 1.6% to 768, the Dow Jones Industrial Average increased 0.75% and the Nasdaq composite index gained 1.8% for the week. From the weekly chart of the S&P 500 index, the 800 support level that was broken 3 weeks ago becomes the resistance level now. If the index can not break the resistance at 800 in the following weeks, it will most likely fall back to the 680 level.
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