S&P 500 forming trading range, bulls want higher trend, bears expect pullback

From Investing.com: 2024-12-30 00:34:00

The S&P 500 Emini Futures are forming a weekly trading range, with bulls hoping for a resumption of the market’s upward trend and bears eyeing a potential pullback to the October/November lows. The Weekly S&P 500 Emini Chart shows an inside bull doji with the market trading higher for most of the week. On the Daily S&P 500 Emini Chart, bulls are looking for a retest of the all-time high, while bears are seeking a reversal from the current high. The market appears to be transitioning into a trading range, with both bulls and bears vying for control.



Read more at Investing.com: S&P 500: Bulls Eye Double Bottom, Bears Target More Downside