Get ready for some headwinds and fireworks for the S&P 500 as it approaches the end of the year. After the shorten week due to Christmas holidays, the S&P 500 will be confronted with some headwinds from Washington D.C. and the spreading of a newly mutated Covid-19 from the U.K. After the S&P 500 has priced in the possible headwinds, then look for possible fireworks to push the S&P 500 to another new high.
In this S&P 500 analysis, we will analyze the S&P 500 price actions and establish some possible scenarios for the coming week. Beside performing the S&P 500 technical analysis in this video, we will review the stock market sentiments and its internals to determine where the sp500 is heading. And as an extra and a subscriber request, we will analyze the gold and silver market.