S&P 500 Forecast February 22, 2017, Technical Analysis
The S&P 500 had a positive session on Tuesday, as traders came back from the Presidents’ Day holiday. The rest of the world has been bullish, so it makes sense that New York played a little bit of catchup. I believe that this market will find buyers every time it
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The S&P 500 had a positive session on Tuesday, as traders came back from the Presidents’ Day holiday. The rest of the world has been bullish, so it makes sense that New York played a little bit of catchup. I believe that this market will find buyers every time it pulled back, because quite frankly this is one of the strongest markets I follow. I believe that the 2350 level is soft support, but I believe that the absolute “floor” is at the 7300 level. American indices should continue to lead the rest of the world.
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