S&P 500 Price Forecast – Stock Markets Recognize 50 Day EMA

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S&P 500 Price Forecast – Stock Markets Recognize 50 Day EMA

Oops!Something went wrong.Please try again later.Christopher LewisSeptember 24, 2021, 10:27 AM·2 min readIn this article: Oops!Something went wrong.Please try again later.

The S&P 500 has pulled back just a bit during the course of the trading session on Friday, to reach down towards the 50 day EMA. The market turning around to form a bit of a hammer of course is a bullish sign, which of course jives well with the last couple of trading sessions. At this point, if we can break above the 3475 handle, then I think it gives the “all clear” for the market to go higher. After all, we have gotten through an FOMC meeting and ended up seeing a recovery after we had initially seen a bit of concern.

S&P 500 Video 27.09.21

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