The S&P 500 had a very quiet session on Monday, as we continue to grind sideways. Don’t be surprised if this market is fairly quiet over the course of
The S&P 500 had a very quiet session on Monday, as we continue to grind sideways. Don’t be surprised if this market is fairly quiet over the course of the week, we have liquidity issues, especially the closer we get to Christmas. I believe that pullbacks will continue to be buying opportunities, but most of the trading will be done in a very short-term manner. A couple of points here and there will probably be about all you can ask for over the next several sessions. Longer-term, I believe the uptrend continues as we reach towards the 2300 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.
