Opinion: 2016 will have much nothing to offer investors - Goldman Sachs analysts

Goldman Sachs analysts considered that there will not be any big movement for the market in 2016, and they started the forecast from S&P 500 index predicted the weak market with a little growth. The price will be stuck to be around 2,100 level for the ranging market condition. As we see from the chart below - the price is on bullish ranging within 2,010 and 2.134 levels since August this year, and there is no any sign for the price to break 2.134 resistance to above for the bullish trend to be continuing.

Gross domestic product estimated to be increased just 2.2 percent in 2016 and 2017, and 10 percent rise in corporate profits. But related to the fugures in energy - it is expected to decline 58 percent for the whole year. Besides, Goldman Sachs analysts believe that the Fed will raise rates in December and continuing it for the several years by the steps. When investors realize tightening - they will understand that 2016 will have pretty much nothing to offer.