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

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Published: Feb 28, 2017, 08:20 UTC

The S&P 500 rallied a bit during the day on Monday as we continue to see bullish pressure in the US stock markets. The NASDAQ 100 was quiet on Monday

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

About the Author

Christopher Lewisauthor

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.