Major US Indices Forecast, September 26, 2016, Technical Analysis

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Updated: Sep 25, 2016, 07:18 UTC

Dow Jones 30 The Dow Jones 30 fell slightly during the course of the session on Friday, testing the 18,300 level. However, I think that there is more than

Dow Jones 30

The Dow Jones 30 fell slightly during the course of the session on Friday, testing the 18,300 level. However, I think that there is more than enough support below to turn things around on a supportive candle…Read more

NASDAQ 100

The NASDAQ 100 fell slightly during the course of the session, and as a result it looks like we could pullback looking for support. The 4040 level below should be massively supportive, as it was massively resistive previously. At this point in time, a supportive candle should be a buying opportunity and as a result I would not hesitate to start going long…Read more

S&P 500

The S&P 500 fell during the course of the session on Friday, but there seems to be a bit of support near the 2160 handle, so I believe that sooner or later we will get a supportive candle. I’m a buyer that supportive candle but I understand that there is a lot of noise above that could make this a difficult breakout…Read more

About the Author

Christopher Lewisauthor

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.