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Wednesday 31 August 2016

S&P 500 and NASDAQ 100 Forecast August 31, 2016: DailyForex

Published on Aug 30, 2016
The S&P 500 fell during the day on Tuesday, as we continue to see quite a bit of volatility in the stock markets. This of course has a lot to do with the fact that there is very much a lack of volume in the markets right now, so having said that it makes sense we continue to chop around. I think we are essentially just trying to build up enough volume in order to continue going higher once the large volume flow returns to the marketplace in a few sessions, so at this point in time I look at pullbacks as potential buying opportunities and of course value. After all, the United States is one of the better places to invest in at the moment, and that of course will be reflected in the stock markets.

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