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Market Poised to Head Much Higher From Here

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Stocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com

finished Monday’s session with nice 1% gains after none of the market’s big worries got worse over the weekend.

I treated this like a new position and stepped into the market with a partial position and a nearby stop. That way if Monday’s early strength proved to be a false bottom, I could get out with minimal damage. 4,400 still looms large over us, but the longer we hold these levels, the more likely we will continue through them. If we are going to break down, it will happen soon.

 

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