Forecasts
Dow Jones 30 daily chart, January 11, 2016
Dow Jones 30 daily chart, January 11, 2016

Dow Jones 30 Forecast January 11, 2017, Technical Analysis

4 months agoByChristopher Lewis

The Dow Jones 30 initially fell on Tuesday but turned around as markets regained their footing. It looks as if we’re going to test 20,000 again, but we are close enough that I would prefer to wait until we close above the 20,000 level to start buying. I would use the daily candle for that signal, and simply buy-and-hold at this point. I believe that the support will be found on the breakout somewhere near the 19,900 level. The NASDAQ 100 has already broken out to the upside, so I believe that it’s only matter time before this market does as well.

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S&P 500 The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than later. The gap of course should be supportive, and I believe that a supportive candle underneath will only attract more buyers… Read More S&P 500 … Continue reading Major US Indices Forecast, May 1, 2017, Technical Analysis

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S&P 500; US Indexes Fundamental Analysis – Forecast for the Week of May 1, 2017

U.S. equity markets posted strong gains last week, driven by solid first-quarter earnings reports that showed an improving economy and increased business capital investment. The markets were primarily boosted by technology and health care stocks. Telecoms and utilities bucked the trend, however, and closed lower. In the cash market, the blue chip Dow Jones Industrial … Continue reading S&P 500; US Indexes Fundamental Analysis – Forecast for the Week of May 1, 2017

Dow Jones 30 weekly chart, May 01, 2017
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Dow Jones 30 and NASDAQ 100 forecast for the week of May 1, 2017, Technical Analysis

Dow Jones 30 The Dow Jones 30 had a very positive week, but did struggle at the 21,000 level. If we can break above there, the market should continue the longer-term uptrend. Even if we do pull back from here, I think that the 20,500-level underneath offer support. Dow Jones 30 and NASDAQ Index Video … Continue reading Dow Jones 30 and NASDAQ 100 forecast for the week of May 1, 2017, Technical Analysis

Dow Jones 30 daily chart, May 01, 2017
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Dow Jones 30 and NASDAQ 100 Forecast May 1, 2017, Technical Analysis

Dow Jones 30 The Dow Jones 30 did very little during the Friday session as we continue to hover just below the 21,000 level. If we can break above the top of the shooting star from the Wednesday session, then the market should go much higher. A pullback from here should find plenty of support … Continue reading Dow Jones 30 and NASDAQ 100 Forecast May 1, 2017, Technical Analysis

Technical Checks For US Dollar Index, Dow Jones And S&P500: 28.04.2017

Technical Checks For US Dollar Index, Dow Jones And S&P500: 28.04.2017

US Dollar Index [I.USDX] Ever since the early-week result of French election dragged US Dollar Index [I.USDX] to break eight-month old ascending trend-line, the greenback gauge continued trading in a small range of 98.70 – 99.30. However, today being the US GDP announcement, the index has been trading southward within the range since morning and … Continue reading Technical Checks For US Dollar Index, Dow Jones And S&P500: 28.04.2017

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