The S&P 500 was closed during the session on Monday, as the Americans celebrated Martin Luther King Jr. day. With that, we feel that the market should
The S&P 500 was closed during the session on Monday, as the Americans celebrated Martin Luther King Jr. day. With that, we feel that the market should continue to consolidate, as it looks apparent that most US indices are going to do anyways. With that, we feel that the market should continue to be one that can be bought, as we do not trust selling at this point. We believe that the S&P 500 is going to head to the 2100 level given enough time. Selling therefore is no thought of ours.
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.
