Advertisement
Advertisement

Major US Indices Forecast, August 24, 2016, Technical Analysis

By:
Christopher Lewis
Published: Aug 24, 2016, 06:59 UTC

The S&P 500 rose during the course of the session on Tuesday, as we continue to see quite a bit of support near the 2180 handle. With this being the

Major US Indices Forecast, August 24, 2016, Technical Analysis

The S&P 500 rose during the course of the session on Tuesday, as we continue to see quite a bit of support near the 2180 handle. With this being the case, the market looks as if it is going to continue to grind higher, perhaps reaching towards the 2250 level eventually…Read more

The NASDAQ 100 as you can see broke higher during the course of the day on Tuesday, as we continue to see buyers enter this market every time we pullback. We believe that the market will eventually try to reach towards the 5000 level…Read more

The Dow Jones 30 initially rallied during the day but did pullback a little bit in order to show quite a bit of resistance above. With this being the case, the market looks as if it is ready to go higher and reach towards much higher levels above…Read more

About the Author

Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.

Did you find this article useful?

Advertisement