The S&P 500 rose slightly during the course of the session on Monday, as we continue to grind towards the 2100 level. That being the case, the market
The S&P 500 rose slightly during the course of the session on Monday, as we continue to grind towards the 2100 level. That being the case, the market still looks very positive in our opinion anyway, so pullbacks will also be bought as we believe eventually this market will break out to the upside and to a fresh, new high. We have no interest whatsoever in selling, as this market certainly has shown quite a bit of positive momentum recently, and with that we feel it’s only a matter time before this market starts its next leg higher.
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.