The S&P 500 rose during the course of the session on Tuesday, as we continue to see quite a bit of support near the 2180 handle. With this being the
The S&P 500 rose during the course of the session on Tuesday, as we continue to see quite a bit of support near the 2180 handle. With this being the case, the market looks as if it is going to continue to grind higher, perhaps reaching towards the 2250 level eventually. With that, I believe that short-term pullback should be buying opportunities, and that buying is the only thing you can do in low interest-rate environments such as we find yourselves in right now. With this being the case, although it’s going to be volatile, on a believe that we will continue to see bullish pressure.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
