The S&P 500 CFD markets rallied a bit during the day on Monday, but the underlying of course were close. I believe that pullbacks continue to be
The S&P 500 CFD markets rallied a bit during the day on Monday, but the underlying of course were close. I believe that pullbacks continue to be buying opportunities, and that the 2300 level underneath is the absolute floor. I have no interest whatsoever in shorting US indices right now and look at every pullback as a potential value play. The market should continue to go much higher as it looks like the US economy is about to explode to the upside. Recent economic indicators all point higher, with very little in the way of concern right now.
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.
