US 500 TECHNICAL ANALYSIS SHORT TERM VIEW
US 500 has made irregular correction as marked by abc shown in graph so it can rally sharply above 4600 levels .Last wave c is already completed or very near to completion .Whole uptrend has important support 4284 to 4397level .Stop loss is 4200 level and it should jump for all time high above 4820 level .It is running in major support so it is good buy at present levels.
QUICK FUNDAMENTAL LOOK
U.S. stocks mostly fell Friday, with the S&P 500 closing slightly lower in a fourth straight day of declines, as the recent rise in bond yields and China's economic woes left major benchmarks with another losing week.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.