The S&P 500 initially fell during the course of the day on Thursday, but found enough support below to turn these back around and form a hammer. In
The S&P 500 initially fell during the course of the day on Thursday, but found enough support below to turn these back around and form a hammer. In fact, the market broke a little higher than that, and it now looks like we’re going to continue to grind our way towards the 2110 level next. We are bullish of the S&P 500, as most of the stock markets around the world all of a sudden look like there is probably going to be a little bit of support below. This is especially true in the United States, so we believe that the S&P 500 will be any different than the other indices.
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.
