US EditionS&P 500 Forecast: The Index Holds Its Breath — What’s Next?
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S&P 500 Forecast: The Index Holds Its Breath — What’s Next?
Yesterday, stocks and the US dollar all increased in response to the announcement that the US and China had reached a trade deal. According to the S&P 500 Index (INDEXSP: .INX), the price swings were not as big as expected, however, the S&P 500 went above a good, strong price level yesterday. So let’s look at the potential bullish scenario and when it might be reached, and also the bearish scenario. At the time of writing, the S&P500 is holding …
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