S&P 500

The S&P 500 appear to be holding on to the 20-week average at 3980 and moving on, despite the day-to-day gyrations. So it's just slow and steady from here as the falling dollar usually causes the US performance to be slower than EMs. We may not have touched 3980 but declines close to it see the market bounce back. Unless this level breaks, we should remain in an uptrend overall.