AllTechnical Analysis
logoArgusJune 07, 2021

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term

Last week was all about jobs, as the market overcame its growing inflation concerns to rally on three employment data points clustered at the end of the week. The ADP private payrolls report (moved to Thursday by the holiday) ripped higher by 978,000 for May, well above the 650K consensus and up from 742K for April.

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