The S&P 500 broke higher during the course of the week, clearing the top of the hammer from the previous week, sending this market well above the 1950
The S&P 500 broke higher during the course of the week, clearing the top of the hammer from the previous week, sending this market well above the 1950 level, and now looking to get as high as the 2000 handle in the short-term, and probably much higher than that given enough time. Pullbacks at this point time should continue to be buying opportunities as is market should continue to attract buyers every time we get perceived value. Ultimately, we think that the market does break out to the upside and it does continue to go much higher.
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.
