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US equity market could rebound and go to new highs

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Ken Odeluga, Market Analyst, City Index, joined Tip TV in today’s Finance Show to offer the outlook for US equities, the S&P 500, and the AB InBev-SAB Miller deal. US equities could rebound and see new highs Odeluga explains the reasons behind his bullish view for US equities. He states how the fundamental backdrop, Fed’s uneasiness to raise rates and the stabilising stock market situation in China will be beneficial for the US stock markets. He shows how the longer-term charts pose a

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