US Major Indices Forecast

Major US Indices Forecast, October 31, 2016, Technical Analysis

NASDAQ 100

The NASDAQ 100 went back and forth during the course of the session on Friday, bouncing off of the 4800 level. Ultimately, the market continues to see quite a bit of pressure in both directions, but at this point in time it looks as if we will probably continue to seek negative pressure in the short-term, followed by a bounce… Read More Nasdaq 100 Forecast

Dow Jones 30

The Dow Jones 30 went back and forth during the course of the session on Friday, eventually forming a relatively neutral candle. We continue to see quite a bit of support just below and near the 18,000 handle. That being the case, the market looks like it will eventually bounce but short-term pullbacks are going to be used in order to go long… Read More Dow Jones 30 Forecast

S&P 500

The S&P 500 went back and forth during the course of the day on Friday, showing the 2120 level be supportive yet again. With this being the case, the market looks as if it is trying to make an upward move, but I don’t think we have enough momentum yet… Read More S&P 500 Forecast