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.
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.
