by admin
S&P to Rally to 1,165 as Pullback Ends – CNBC Video
8:12 pm in S&P 500, Stocks by admin
As I mentioned my update couple of days ago, I believe S&P 500 is headed to around 1170.
We have very little resistance until we reach 1170. I would be looking to trade stocks on the long side for now.
Below is a link to a CNBC article and video talking about S&P 500 reaching 1165.
The recent declines in the S&P 500 are over for now and the index should rally to 1,165 points, Mark Sturdy, director of Seven Days Ahead, told CNBC Thursday.
“The market is in the grip of this double bottom, the minimum move of which is to 1,165 (points),” Sturdy said.
via CNBC Stock Blog — Charts: S&P to Rally to 1,165 as Pullback Ends – CNBC.
