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Mixed Expectations Ahead Of December, New Economic Data Releases

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140 and profit target at 1,990, S&P 500 index) Our intraday outlook is bearish, and our short-term outlook is bearish: Intraday outlook (next 24 hours): bearish Short-term outlook (next 1-2 weeks): bearish Medium-term outlook (next 1-3 months): bearish Long-term outlook (next year): bullish The main U.S. stock market indexes were virtually flat on Friday, as investors had a long holiday weekend. The

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