Major US Indices Forecast, August 30, 2016, Technical Analysis

S&P 500

The S&P 500 rallied enough during the course of the session on Monday, as we continue to go sideways overall. Ultimately I think that this market will find buyers and therefore continue to grind its way towards the 2250 level…Read more

NASDAQ 100

The NASDAQ 100 has turned right back around to form a positive candle during the day on Monday, and as a result it looks like we are going to reach towards the 4840 handle above. This is a market that continues to grind sideways overall, as it shows that the market still has quite a bit of bullish pressure as we have not pulled back from the massive move higher…Read more

Dow Jones 30

The Dow Jones 30 rose during the course of the session on Monday, using the 18,400 level as support. With this being the case, I believe that the market should continue to go higher and we are simply trying to build up enough momentum…Read more