Forex | Forex | S&P 500 futures made a new yearly high and breaking above the previous 1016 high (26/08/2009 09:45:09)

S&P 500 futures made a new yearly high and breaking above the previous 1016 high

Market comment S&P 500 futures made a new yearly high and breaking above the previous 1016 high. Yesterday’s price action was slightly bearish with a close well of the high on high volume. Meaning it had to be sellers pushing the price off the highs. So we keep a close eye on the S&P over the next few sessions to see if the weakness signal is confirmed or not. When it comes to the economic outlook we reiterate our outlook for a more “W” shaped recovery and not a “V” shaped one. Still


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