S&P 500 Forecast For December 2021
S&P 500 Forecast For December 2021
There may be occasional pullbacks throughout December, and these will be available for purchase.
Although the S&P 500
4.577,10+64,06 (%1,42)has been quite quiet for most of November, the holidays are approaching.
December is typically a good month for the markets. It is useful to have a “Santa rally” where money managers try to capture potential gains or losses that have accrued.
After all, they have one criterion they have to work with, if they don't hit the gains in the S&P 500, they have to find something to profit from to show their customers a reason and so they need to keep investing.
Therefore, many traders will go after this trade. In terms of technical analysis, this is clearly a nicely bullish market, and any pullback at this point is sure to be more or less seen as a giveaway.
Thus, a trend line is formed on the weekly chart. Just as the 4500 level is psychologically important, the 4600 level also has a lot of built-in support.
S&P 500 Forecast For December 2021
It is assumed that there will be a large number of buyers and thus a pullback.
If the overall momentum of this market which has been higher for several years is followed, much more is achieved in the earnings path.
As long as central banks around the world continue to pump liquidity into the markets, people will find a way to make a profit that exceeds inflation.
This shows that the easiest way would be to buy stock indices, especially in countries that are one of the best performing economies in the world.
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