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S&P 500 Forecast October 31, 2014, Technical Analysis

By:
Christopher Lewis
Updated: Aug 25, 2015, 07:00 UTC

The S&P 500 of course went higher during the course of the day on Thursday, breaking the top of the range for the Wednesday session. We did in fact

S&P 500 Forecast October 31, 2014, Technical Analysis

The S&P 500 of course went higher during the course of the day on Thursday, breaking the top of the range for the Wednesday session. We did in fact touched the 2000 level at one point, and pulled back just ever so slightly. With that, we believe this market will continue to go higher, and the dips will continue to be bought. We have no interest in selling this market, and do believe that ultimately we break out to fresh, new highs but also recognize that with today being Friday, the market might be fairly quiet.

 

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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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