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S&P 500 Forecast November 26, 2015, Technical Analysis

By:
Christopher Lewis
Published: Nov 26, 2015, 05:09 UTC

The S&P 500 went slightly higher during the course of the session on Wednesday, but you have to keep in mind that volume would have been very low to

S&P 500 Forecast November 26, 2015, Technical Analysis

The S&P 500 went slightly higher during the course of the session on Wednesday, but you have to keep in mind that volume would have been very low to say the least. After all, today is Thanksgiving in the United States, and that means that the US indices will be close. However when I look at this market, I recognize that we are in a very strong uptrend and we are attempting to break above the 2100 level. With this, we remain bullish and believe that it’s only a matter of time before the market reaches towards the 2110 level.

 

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About the Author

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.

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