The S&P 500 fell initially during the day on Friday, but bounced enough to show signs of strength yet again. This market looks as if it is ready to
The S&P 500 fell initially during the day on Friday, but bounced enough to show signs of strength yet again. This market looks as if it is ready to try to break out to the upside for the longer-term. We think that the move will happen sooner or later, and we should send this market to the 2200 level, and beyond. Pullbacks should continue to be buying opportunities, as the upward momentum continues to play out in this market as the US stock indices are so strong at the moment. We have no selling interest.
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.
