S&P 500 Forecast: Seeing Volatility Forex trading sp500 stocks markets
The market is overstretched in the short-term, but whether or not we have reached a top would be something that remains to be seen. At this point, if we can break above the 4200 level which shows a significant amount of bullish momentum, but it looks as if the market is willing to at least give back some of the gains. At this point, a pullback to the 4000 level makes quite a bit of sense.
This only leads to one conclusion, that there is going to be a lot of volatility no matter what we do. The fact that we have shot straight up in the air and then finally printed a bit of a hesitation candle does suggest that perhaps Tuesday could be a bit negative, but I don’t necessarily think that it is the beginning of a massive meltdown. In other words,Ready to trade our
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