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S&P 500 Price Forecast September 1, 2017, Technical Analysis
Updated: Sep 1, 2017, 05:27 GMT+00:00
The S&P 500 rallied on Thursday, as we are heading towards the jobs figure today. At this point, the next move is probably going to be based upon the
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The S&P 500 rallied on Thursday, as we are heading towards the jobs figure today. At this point, the next move is probably going to be based upon the jobs number, which is currently expected to be an addition of 180,000 jobs for the month of August. Because of this, I believe that the markets could be very quiet initially, followed by extreme volatility. It’s obvious that the markets want to go higher over the longer term, so dips could be buying opportunities. If we can hold above the 2450 handle, I remain confident in the uptrend.
S&P 500 Video 01.9.17
About the Author
Christopher Lewisauthor
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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