Trading Insights

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S&P 500

Shutdown Starts but Stocks Rally on Strong Data


U.S. yields continue trending lower even as the shutdown begins. The S&P 500 is holding a cautious bullish bias with strong housing and JOLTS offsetting weaker confidence.
Key Levels: Support 6,604.1 | Resistance 6,681.2
Investor Takeaway: RSI at 45 trending down with emerging MACD selling pressures; near-term caution warranted but underlying resilience supports dips.