The rally of US markets was halted on Friday (06/10/2020). After Democratic candidate Joe Biden was announced as president-elect, investors will focus on the vote count to determine which party will control the senate.
Meanwhile, the direction of JCI movement this week will still be influenced by the results of the US presidential election and the release of Current Account data for the third quarter of 2020. Meanwhile, technically, the index still has the opportunity to continue gaining towards the next resistance level at 5,371.
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