US500Support Just Broke

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US500 Support Just BrokeUS500BLACKBULL:US500PureFX_US500 just lost the 7,740 support after rejecting the 7,758 resistance area. The move is being reinforced by the stronger-than-expected US jobs data, with NFP coming in at 162K vs 55K expected. That can keep yields supported and put pressure on equities. Price is now trading below 7,740, with the 200 EMA around 7,715 as the next major area to watch. If that level fails, I’m watching 7,693 next.