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.
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.
