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S&P500 Index CFD Weekly - 24 - 28 Aug 2020

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FX:SPX500   S&P 500 index
S&P500 rises steadily with expectations of further stimulus from governments and central banks

The global stock market capitalization – the amount of money required to buy every single share listed on the stock exchanges across the globe at the current market price – reached an all time high of $89.7 trillion last week, as noted by popular macro analyst Holger Zschaepitz.

Technically, trend is pushing higher and pointing towards upper line channel steadily above median targeting to reach and record higher resistance level at 3480.00

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