The S&P 500 rallied on Tuesday, showing signs of life yet again. As I had suggested yesterday, I thought there was support just below there and it
The S&P 500 rallied on Tuesday, showing signs of life yet again. As I had suggested yesterday, I thought there was support just below there and it looks as if we’re going to continue to go higher. I’m a buyer, and I believe that we will reach towards 2300, as the NASDAQ 100 has already broken out to a fresh, new high. Remember, these 3 indices tend to move in the same direction longer-term, so that might be reason enough for buyers to get involved. I believe that the 2250 handle below is essentially the “floor.”
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.
