The S&P 500 just touched 3890, which breaks the 3889 high from December 21 and the range since December 15.
The bulls would like to see a close at 3890 or higher and there’s a real chance that FOMO kicks in if it does.
Powell speaks in Sweden on Tuesday and that’s the next big event for the market.
This article was originally published by Forexlive.com. Read the original article here.