Major US Indices Forecast, September 26, 2016, Technical Analysis

Dow Jones 30

The Dow Jones 30 fell slightly during the course of the session on Friday, testing the 18,300 level. However, I think that there is more than enough support below to turn things around on a supportive candle…Read more

NASDAQ 100

The NASDAQ 100 fell slightly during the course of the session, and as a result it looks like we could pullback looking for support. The 4040 level below should be massively supportive, as it was massively resistive previously. At this point in time, a supportive candle should be a buying opportunity and as a result I would not hesitate to start going long…Read more

S&P 500

The S&P 500 fell during the course of the session on Friday, but there seems to be a bit of support near the 2160 handle, so I believe that sooner or later we will get a supportive candle. I’m a buyer that supportive candle but I understand that there is a lot of noise above that could make this a difficult breakout…Read more