The S&P 500 broke higher during the course of the session on Monday, but gave back a bit of the gains so at this point in time think we continue to
The S&P 500 broke higher during the course of the session on Monday, but gave back a bit of the gains so at this point in time think we continue to bang around and try to build up momentum to finally go higher. I recognize of the 2120 level below is massively supportive and it extends all the way down to the 2100 level. However, at this point it does not seem like the markets quite ready to break out to the upside but longer-term I believe that we will eventually go much higher.
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.
