Major US Indices Forecast, February 28, 2017, Technical Analysis

S&P 500

The S&P 500 rallied a bit during the day on Monday as we continue to see bullish pressure in the US stock markets. Given enough time, market should pull back and be buying opportunities, and I believe that the longer-term uptrend should continue to go much higher… Read More S&P 500 Forecast

NASDAQ 100

The NASDAQ 100 was quiet on Monday, but quite frankly that’s not a surprise as there has been so much bullish pressure as of late, and I believe that the market should continue to see buyers get involved… Read More Nasdaq 100 Forecast

Dow Jones 30

The Dow Jones 30 rallied just a bit, but ultimately, I think that the market will find buyers every time you pull back, as the 50-day exponential moving average continues to offer support, and of course I think the absolute “floor” is at the 20,000 handle… Read More Dow Jones 30 Forecast