S&P 500 april 2016 forecast-above 2020 keep long view tgt 2105-2160

S&P 500 april 2016 forecast S&P 500 index on last trading session closed at 2072 with gain. SPX future had given strong breakout at 2020-2025 levels and holding it with gains.     US market outperforming majors so expect rally to continue ahead. On upside 2105 and 2160 are my targets for this month. On downside 2020 is major support and above it traders must keep buy and accumulate view on SPX future.     In March, S&P 500 had achieved my given targets at 1990 and 2055.

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Pramod Baviskar

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