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S&P 500 Price Forecast September 8, 2017, Technical Analysis
Published: Sep 8, 2017, 04:02 GMT+00:00
The S&P 500 went back and forth during the day on Thursday, as we continue to go back and forth. Ultimately, the market looks as if it is going to
The S&P 500 went back and forth during the day on Thursday, as we continue to go back and forth. Ultimately, the market looks as if it is going to continue to see a lot of volatility, but I think we still will go higher and reach towards the gap at the 2475 handle. I believe that short-term pullbacks continue to be buying opportunities. The 2450 level underneath should be massively supportive, so I don’t have any interest in shorting this market as I believe that the “buy on the dips” mentality continues.
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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