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.
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.
