The S&P 500 fell slightly during the day on Friday and then turn right back around to form a slightly positive candle as we reached towards the 2100
The S&P 500 fell slightly during the day on Friday and then turn right back around to form a slightly positive candle as we reached towards the 2100 level. Once we break above the 2100 level, the market should then reach to the 2120 handle. A break down below the bottom of the candle on Friday is a negative sign, but I have a hard time believing that this market is going to be doing anything between now and whenever we get the results of the US presidential election which is getting tighter by the day.
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.
