The S&P 500 had a slightly positive session on Tuesday, but quite frankly we’re getting far too close to the 2500 level for me to become from buying here. I think pullbacks will be needed for value, as the 2500 level will almost certainly offer a bit of resistance due to the psychological nature of the number. I think that once we break above there, the markets can continue to go higher though. With this, I’m a buyer of dips, certainly don’t want to sell this market, and I think we will break out eventually, but it may take a couple of attempts.
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S&P 500 Price Forecast September 13, 2017, Technical Analysis

The S&P 500 had a slightly positive session on Tuesday, but quite frankly we’re getting far too close to the 2500 level for me to become from buying
About the Author
Christopher LewisSenior Analyst
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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