Major US Indices Forecast, January 19, 2017, Technical Analysis

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Published: Jan 19, 2017, 08:32 UTC

S&P 500 The S&P 500 had a very choppy session on Wednesday, as we continue to bang up against the 2275 level. That’s an area that has been

S&P 500

The S&P 500 had a very choppy session on Wednesday, as we continue to bang up against the 2275 level. That’s an area that has been massively resistive, and I think it will continue to be. As soon as we make a fresh, new high, the market should then go to the 2300 level above… Read More S&P 500 Forecast

NASDAQ 100

The NASDAQ 100 initially tried to rally on Wednesday, but continues to find exhaustion above. Ultimately, if we pull back it’s only a matter of time before the buyers return. The 5000-level underneath is massively supportive, as it was one so massively resistive… Read More Nasdaq 100 Forecast

Dow Jones 30

The Dow Jones 30 went back and forth during the day on Wednesday, as we continue to see quite a bit of volatility. There is a significant amount of support at the 19,800 level just below, and of course that should continue to bring buyers involved. If we bounce from here, the market should then reach towards the 20,000 level above… 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.