The S&P 500 went back and forth during the course of the session on Tuesday, forming a slightly negative looking shooting star type of candle.
The S&P 500 went back and forth during the course of the session on Tuesday, forming a slightly negative looking shooting star type of candle. Ultimately though, I think there is more than enough support below to keep this market going higher, so I have no interest whatsoever in selling this market. With this, a supportive candle below should be a buying opportunity just as a break above the top of the shooting star would be. I have no interest in selling because of the massive amount of support just below, extending down to the 2120 level.
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.
