S&P 500 Index Continues to Look for the Next Catalyst
S&P 500 Forecast: Continues to Look for the Next CatalystSubscribeWe commit to never sharing or selling your personal information
While we are during earnings season, which could impact the markets, there are many different factors to consider. At this point, it appears that the market is stuck in a huge consolidation area, but eventually, a larger decision will need to be made.Breaking through the 4200 level could provide a significant amount of selling pressure, but if the market can break above it, it would likely serve as a catalyst for the market to go much higher. In this scenario, we could see the market rise to the 4300 level quickly. In that scenario, it is likely that we will see a lot of “risk-on” behavior around the world.
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