The S&P 500 index might fall in the next period, according to the daily chart. The RSI oscillator is above 50 on the daily chart, and this indicates a price correction in the short term. A potential target is 0.38 FIBO (2652.70). However, the S&P 500 index will continue its long-term uptrend. According to the weekly chart, the RSI stays above 50, and this is considered a bullish trend.
The most important data of this week:
US ADP - (+190k expectation); ( +204k previous)
US NFP - ( +190k expectation); ( +164k previous)
US Unemployment rate - (+3.9% expectation); ( +3..9% previous)