Major US Indices Forecast, September 29, 2016, Technical Analysis

NASDAQ 100

The NASDAQ 100 initially tried to rally during the course of the day on Wednesday, but found the 4880 level above massively resistive and therefore we turned back around. With this, I believe that the market should continue to drift lower, and with that I think that there is plenty of support below that could turn this market back around… Read More Nasdaq 1000 Forecast

Dow Jones 30

The Dow Jones 30 initially tried to rally during the day on Wednesday, but found a bit of resistance above and therefore turned back around to form a relatively neutral candle. It looks as if we are going to drop down below here, but I think there is a massive amount of support below that should turn things around… Read More Dow Jones 30 Forecast

S&P 500

The S&P 500 initially tried to rally during the course of the session on Wednesday, but turn right back around to form a slightly negative candle. With this, it’s likely that we continue to grind back and forth, and as a result I believe that sooner or later the buyers will return as well… Read More S&P 500 Forecast