Major US Indices Forecast, December 7, 2016, Technical Analysis

NASDAQ 100

The NASDAQ 100 went back and forth on Tuesday, as we continue to see quite a bit of volatility. The 4800 level above is going to be massively resistive, and thus I feel that this market breaking above there would be a very bullish sign, perhaps sending this market to the 4900 level… Read More Nasdaq 100 Forecast

S&P 500

The S&P 500 initially fell during the day on Tuesday, but found 2200 to be supportive enough to form a hammer. A break above the top the hammer should send this market higher, perhaps reaching towards the 2250 level… Read More S&P 500 Forecast

Dow Jones 30

The Dow Jones 30 fell slightly on Tuesday, but turned around to form a hammer. The hammer looks bullish, and it looks as if we are going to continue to grind higher, perhaps reaching towards 20,000 over the longer term which has been my longer-term target for some time… Read More Dow Jones 30 Forecast