The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than
The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than later. The gap of course should be supportive, and I believe that a supportive candle underneath will only attract more buyers. I have no interest in shorting, and I have a target of 2500 still as I have had for quite some time. It drops from here should be value, and treated as such. The market should continue to be volatile, yet positive in the future.
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.
