S&P 500 Price Forecast September 4, 2017, Technical Analysis

The S&P 500 initially tried to rally during the day on Friday but gave back quite a bit of the gain. Ultimately, the market looks as if it is going to find buyers underneath though, as we have seen such a massive candle formed for the week. With this in mind, I believe in buying dips as the trading community continues to look at the S&P 500 as the value at lower levels. Ultimately, I think we are trying to build up enough momentum to finally break above the 2500 level. Selling is all but an impossibility.

S&P 500 Video 04.9.17