US Indices Forecast, December 7, 2016

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Updated: Dec 7, 2016, 15:10 UTC

E-mini S&P 500 December E-mini S&P 500 Index futures are trading slightly lower shortly before the cash market opening. The trade is light ahead

E-mini S&P 500

December E-mini S&P 500 Index futures are trading slightly lower shortly before the cash market opening. The trade is light ahead of Thursday’s European Central Bank meeting. Investors expect the ECB to announce more stimulus. It could also announce the tapering of its current quantitative easing program, or an end date for the program…. Read More E-mini S&P 500 Forecast

E-mini NASDAQ-100

December E-mini NASDAQ-100 Index futures are trading flat shortly before the cash market opening. The market is struggling with low volume and a short-term retracement zone that could determine whether the index challenges the contract high or starts another leg down… Read More E-mini NASDAQ-100 Forecast

E-mini Dow Jones

December E-mini Dow Jones Industrial Average futures are grinding higher shortly before the cash market opening. Volume is light ahead of Thursday’s European Central Bank meeting. Investors may be afraid to commit in a major way ahead of the ECB decision to either add more stimulus, taper the current program or announce the ending of it… Read More E-mini Dow Jones Forecast

U.S. Dollar Index

December U.S. Dollar Index futures are trading flat in limited action early Wednesday. Just like yesterday, the index is trading inside Monday’s wide range. This suggests investor indecision ahead of Thursday’s European Central Bank monetary policy committee meeting and interest rate announcement… Read More U.S. Dollar Index Forecast

About the Author

James Hyerczykauthor

James is a Florida-based technical analyst, market researcher, educator and trader with 35+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.