Quotes stock index S&P 500 traded at the level of 2361. The index continues to move in an uptrend and is trading above the moving average with period 55, which suggests continued growth in S&P 500 quotes.
At this point we should not exclude quotations falling attempted to middle Bollinger band indicator bands, where again there is the potential for growth in the area above the level of 2380.
Bollinger Bands forecast S&P 500 on February 24, 2017
The conservative area to buy S&P 500 index is located near the lower boundary of the indicator bands on the level of 2338. The breakdown of the field 2330 indicates a potential shift in favor of a bearish trend. Expect faster growth S&P 500 quotes should be expected from the breakdown area of a local maximum.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
