S&P 500 Weekly Price Forecast – Stock Markets Continue to Find Buyers on Dips

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S&P 500 Weekly Price Forecast – Stock Markets Continue to Find Buyers on Dips

Oops!Something went wrong.Please try again later.Christopher LewisOctober 8, 2021, 10:41 AM·1 min readIn this article: Oops!Something went wrong.Please try again later.

The S&P 500 has fallen rather hard during the course of the trading week to reach down towards the 4250 handle. This is an area that has been significant support more than once, and therefore it makes quite a bit of sense that we would see the 4250 level will offer a nice area to play the market from. If we break down below there, then am a buyer of puts as I think we probably go looking towards the 50 week EMA, perhaps even down to the 4000 handle.

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