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Published on Nov 27, 2016
The
S&P 500 initially fell on Friday but turned around for green candle
for the shortened the session. Seems all but a foregone conclusion that
we will continue to go higher, and at this point in time I believe that
the best way to play this market is the buy pullbacks offer value. It
will probably be a bit choppy, because biometrics we are certainly
overbought. However, the ascension has slowed down so it’s likely that
we can sustain at least a modicum of positivity. I believe that the 2200
level below is massively supportive, and believe the 2180 below there
is even more so. Because of this, I can only buy the S&P 500 as US
indices in general look very strong currently.
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