S&P 500 8th/Jun/2020 forecast

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Avatar for Mehransoad
4 years ago

The market exploded to the upside during the trading session on Friday, The the jobs number came out much better than anticipated.

it is highly likely that we would see a market pullback only met by those wishing to go long of the market underneath. There is a massive amount of liquidity out there that continues to push the market around, and it is likely that S&P 500 traders are now looking to go towards the all-time highs. At this point, the market is overtaking the 3200 level.

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Personally I do not consider this as good content. Perhaps you can add some text to it, a personal point of view?

In the second line I read the same word twice. 👍

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4 years ago