Major US Indices Forecast, April 26, 2017, Technical Analysis

S&P 500

The S&P 500 continued the move higher during the session on Tuesday, as we reached towards the 2390 handle. I still believe that the market will probably reach towards the 2400 level above, but we have a gap below that still needs to get filled. So I think if we do see some of that negativity, I believe it’s only a matter of time before the buyers return and trying to pick this market back out… Read More S&P 500 Forecast

Dow Jones 30

The Dow Jones 30 rallied significantly during the day on Tuesday, breaking out and towards the 21,000 level. I believe that pullbacks should continue to be buying opportunities, and although we are a little overextended currently, I think there is plenty of value left in the market… Read More Dow Jones 30 Forecast

NASDAQ 100

The NASDAQ 100 continues to shoot straight up into the sky, and at this point I believe that buying short-term pullbacks will probably be the best way to deal with this market. I have no interest in shorting, I believe that the NASDAQ 100 will not only be the strongest US indices, but one of the strongest ones that I follow overall… Read More Nasdaq 100 Forecast