The S&P 500 rallied during the day is all US indices did, showing the 2250 level to be supportive. It looks as if we are going to continue to go much
The S&P 500 rallied during the day is all US indices did, showing the 2250 level to be supportive. It looks as if we are going to continue to go much higher, and pullbacks should continue to offer value. I believe that pullbacks will be opportunities to go long again and again, as we reach towards the 2300 handle, and perhaps even higher than that given enough time. I certainly would have no interest in selling this market right now, as it has been so strong over the last several weeks and months.
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.
