The S&P 500 bounce. Drastically during the course of the week, using 2020 as support. With this being the case, we did up forming a very bullish
The S&P 500 bounce. Drastically during the course of the week, using 2020 as support. With this being the case, we did up forming a very bullish candle and it looks like the S&P 500 is ready to try to break out to the upside. If we can get above the 2130 level, the market will then have made a fresh, new high and should continue to go much higher. Pullbacks offer buying opportunities in our opinion, and as a result we have no interest whatsoever in selling this market.
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.
