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Major US Indices Forecast, December 15, 2016, Technical Analysis

By:
Christopher Lewis
Published: Dec 15, 2016, 08:12 UTC

NASDAQ 100 The NASDAQ 100 had a slightly positive session on Wednesday as the market now looks to reach towards the 5000 handle. To break above there is

Major US Indices Forecast, December 15, 2016, Technical Analysis

NASDAQ 100

The NASDAQ 100 had a slightly positive session on Wednesday as the market now looks to reach towards the 5000 handle. To break above there is very bullish, and I think it does happen sooner or later… Read More Nasdaq 100 Forecast

S&P 500

The S&P 500 had a slow start during the day on Wednesday as we awaited the statement coming out of the Federal Reserve. Expected to be almost nothing, beyond the fact that we have an interest rate Ray’s already baked into the market, I believe that you must look to the longer-term charts and recognize that we are in an extraordinarily bullish run… Read More S&P 500 Forecast

Dow Jones 30

The Dow Jones 30 did very little during the day on Wednesday as we awaited the Federal Reserve interest rate decision. As the decision isn’t expected to produce much, the reality is that this is a very strong market, some pullback should continue to offer buying opportunities… Read More Dow Jones 30 Forecast

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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