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Major US Indices Forecast, February 22, 2017, Technical Analysis

By:
Christopher Lewis
Published: Feb 22, 2017, 08:32 UTC

S&P 500 The S&P 500 had a positive session on Tuesday, as traders came back from the Presidents’ Day holiday. The rest of the world has been

US Indices Forecast

S&P 500

The S&P 500 had a positive session on Tuesday, as traders came back from the Presidents’ Day holiday. The rest of the world has been bullish, so it makes sense that New York played a little bit of catchup. I believe that this market will find buyers every time it pulled back, because quite frankly this is one of the strongest markets I follow… Read More S&P 500 Forecast

NASDAQ 100

The NASDAQ 100 tried to rally during the day on Tuesday but ran out of steam at the 5350 handle. Quite frankly, I think this is healthy and I’m simply going to wait for a pull back to show signs of support underneath that I can serve buying… Read More Nasdaq 100 Forecast

Dow Jones 30

The Dow Jones 30 broke higher during the day on Tuesday, showing signs of making yet another fresh, new high. I believe that a pullback could be coming though, simply because the NASDAQ 100 will probably pull things down a little bit… 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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