The S&P 500 fell during the course of the session on Friday, testing the 2030 handle for support. We did find some there, we believe that it’s only a
The S&P 500 fell during the course of the session on Friday, testing the 2030 handle for support. We did find some there, we believe that it’s only a matter of time before the buyers enter this market. However, we believe that there are easier trades to be had in the NASDAQ 100 and the Dow Jones 30, so we are on the sidelines at the moment but looking for supportive candle in order to take advantage of the pullback. Ultimately, we believe that the market is going back to the recent highs.
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.
