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

By:
Christopher Lewis
Published: Aug 31, 2016, 07:29 UTC

S&P 500 The S&P 500 fell slightly during the course of the session on Tuesday, as we continue to grind sideways overall. This is a market that

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

S&P 500

The S&P 500 fell slightly during the course of the session on Tuesday, as we continue to grind sideways overall. This is a market that continues to see such a large amount of volatility as we simply have run out of steam…Read more

NASDAQ 100

The NASDAQ 100 fell slightly during the course of the session on Tuesday, but as you can see we are still well within the consolidation that we had been in for some time. Because of this, this is a market that I believe that we will eventually be able to start buying again, but we need to see enough volume to return to the market in order to feel comfortable doing so…Read more

Dow Jones 30

The Dow Jones 30 fell slightly during the course of the session on Tuesday, as the market continues to bounce around in this general vicinity. There is a strong likelihood of support just below, so having said that it’s likely that any pullback at this point should offer value that traders will take advantage of…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.

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