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Major US Indices, forecast for the week of September 26, 2016, Technical Analysis

By:
Christopher Lewis

NASDAQ 100 The NASDAQ 100 broke out during the course of the week, slicing through the 4800 level. At this point in time, I believe that the market should

Major US Indices Forecast

NASDAQ 100

The NASDAQ 100 broke out during the course of the week, slicing through the 4800 level. At this point in time, I believe that the market should try to reach towards the 5000 level longer-term, which has been a target that I’ve been looking for over the last several months…Read more

Dow Jones 30

The Dow Jones 30 rock higher during the course of the week, clearing the 18,400 level at one point. Ultimately, the market looks as if it is trying to break out to the upside, but at this point in time it seems as if there is quite a bit of resistance extending all the way to the 18,700 level…Read more

S&P 500

The S&P 500 rally during the course of the week, breaking above the 2170 handle. A break above the 2200 level would be very positive, as we continue to grind higher overall…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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