S&P 500 weekly forecast for 21 to 25 November 2016
S&P 500 index this week closed with gain. This was second positive week for S&P future and in these 2 weeks, this major index rallied by almost 90 points. S&P 500 index achieved my given target of 2160 and now near next target of 2192.
Above 2192 expect super bullish S&P futures and targets of 2215 and 2245. S&P as compared to down lagging but expect strong and bullish move in short terms. From long term perspective, above 2170, S&P 500 will be buy for target 2280.