The S&P 500 fell a bit during the session on Tuesday, finding support at the 2070 level. Ultimately, we do think that this market continues to go
The S&P 500 fell a bit during the session on Tuesday, finding support at the 2070 level. Ultimately, we do think that this market continues to go higher and a break above the 2080 handle is reason enough for us to start buying again. At that point, we anticipate that the market will reach towards the 2120 handle, and eventually break out and above the 2130 handle, which was the most recent high. We have no interest in selling this market, we believe there is more than enough support below to keep this market afloat.
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.
