The S&P 500 fell slightly during the course of the day on Tuesday, but still remains very well supported underneath. After all, there has been an
The S&P 500 fell slightly during the course of the day on Tuesday, but still remains very well supported underneath. After all, there has been an impulsive move higher buying this market over the last several sessions, so I believe it’s only a matter of time before the buyers return to this market as it is so strong. A fresh, new high of course should leave more into a “buy-and-hold” type of attitude, but at the moment in this market we are more or less in a “buy on the dips” type of situation.
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.
