S&P 500 turns positve for the year as strong bids keep the rally going | Forexlive
ES 5 mins
Fear has been replaced by FOMO in markets. S&P 500 futures are now up 40 points and getting to within striking distance of 6000, which we haven’t been above since March 3.
The market continues to digest the US-China trade war climb down and it likes what it’s hearing. We are expecting comments from Trump shortly so that could be a source of volatility.
Zooming out to the daily chart, there isn’t much standing in the way of a return to the February all-time highs now.
ES daily
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