US Indices Forecast

Major US Indices Forecast, November 21, 2016, Technical Analysis


The NASDAQ 100 fell slightly on Friday, testing the 4800 level. This offered support, and as a result it think that it’s only a matter of time before we go higher. Once we break above the top of the candle for the Friday session, I believe that the market will then reach towards the 4900 level over the next several sessions… Read More Nasdaq 100 Forecast

S&P 500

The S&P 500 had a very volatile session on Friday, choppy and around the 2180 level. I think we are still trying to break out to the upside and therefore we will have to build momentum going forward. I think pullbacks will offer value, and that people will take advantage of it… Read More S&P 500 Forecast

Dow Jones 30

The Dow Jones 30 did nothing on Friday as we have seen it do all week. However, it makes quite a bit of sense as we are overextended and at the very least the market needs to take a breather… Read More Dow Jones 30 Forecast