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

By
Christopher Lewis
Updated: Aug 25, 2015, 07:00 GMT+00:00

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.

 

About the Author

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.

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