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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
