Factors to watch, FTSE 100, S&P 500

09/07/2016

Factors to watch, FTSE 100, S&P 500

Sentiment turned bearish a few days ago and the stock market is expected to go down as a result but the S&P 500 is resilient. It’s possible a bottom is already in place in the S&P. The US economy is not firing on all cylinders but it is not slowing down either. That is a perfect environment for stocks, this is why I think the S&P will make a new high...read more

Posted by Better Trader on 09/07/2016 at 12:05 PM in Elliott Wave, FTSE 100, Research, S&P 500, Technical Analysis | Permalink

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Better Trader

09/07/2016