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.
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.
