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.
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.
