US Major Indices Forecast

Major US Indices Forecast, October 17, 2016, Technical Analysis

NASDAQ 100

The NASDAQ 100 initially rallied during the day on Friday, but turned around at the 4850 level to form a bit of a shooting star. With this, the market looks as if we are going to continue to consolidate in this area, but it does appear that the market is in a larger uptrend, and with that being the case I feel that the only thing you can start buying… Read More Nasdaq 100 Forecast

S&P 500

The S&P 500 initially tried to rally during the course of the session on Friday, but turned right back around to form a bit of a shooting star. It looks as if we are going to grind back and forth overall, and continue to show the 2120 level to be supportive… Read More S&P 500 Forecast

Dow Jones 30

The Dow Jones 30 initially tried to rally during the course of the session on Friday, but found the area above the 18,200 level to be far too resistive. Because of this, we ended up turning back around and forming a bit of a shooting star… Read More Dow Jones 30 Forecast