The S&P 500 did very little during the course of the day on Thursday, as the 2080 level continues to be a bit of a magnet for price. We believe that
The S&P 500 did very little during the course of the day on Thursday, as the 2080 level continues to be a bit of a magnet for price. We believe that it’s only a matter of time before this market breaks out to the upside and reach towards the 2120 handle. We have no interest in selling, the recent impulsive moves suggests that there is still plenty of interest in this market below. Pullbacks simply offer value at this point in time as the US economy continues to show signs of life.
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.
