S&P 500 Price Forecast – S&P 500 Attempts to Stabilize

S&P 500 Technical Analysis

The S&P 500 initially pulled back a bit during the trading session on Monday and then turned around to recapture the 3700 level in the futures market. At this point, the market might be a little bit oversold, but I think any rally at this point will be thought of as a shorting opportunity at the first signs of exhaustion. The market is continuing to look at rallies with suspicion, as it very well should. The Federal Reserve is going to do everything it can to…

Read More