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US Indices Forecast, February 21, 2017

By:
James Hyerczyk
Published: Feb 21, 2017, 14:45 UTC

March E-mini S&P 500 Index futures are trading flat shortly ahead of the cash market opening. March E-mini Dow Jones Industrial Average

US Indices Forecast

E-mini S&P 500

March E-mini S&P 500 Index futures are trading flat shortly ahead of the cash market opening. The major influence on the index today could be earnings reports, but investors are also watching the presidential election polls in France, U.S. economic news and Fed speaker comments and for any news from President Trump regarding his economic policy plans… Read More E-mini S&P 500 Forecast

E-mini Dow Jones

March E-mini Dow Jones Industrial Average futures are called higher this morning based on the pre-market trade. A surge in crude oil prices is helping to support the market.

The main trend is up according to the daily swing chart. A trade through 20671 will signal a resumption of the uptrend… Read More E-mini Dow Jones Forecast

E-mini NASDAQ-100

March E-mini NASDAQ-100 Index futures are trading flat to lower shortly before the cash market session. The price action is being influenced by concerns over the elections in France, worries about the direction of U.S. interest rates and a spike in crude oil prices. Technically, some conventional traders are concerned about overbought conditions… Read More E-mini NASDAQ-100 Forecast

U.S. Dollar Index

March U.S. Dollar Index futures gapped higher on the opening on Tuesday after yesterday’s bank holiday and never looked back. The market is being driven higher by a steep drop in the Euro in reaction to election fears in France, and growing speculation the Fed will raise rates in March… Read More U.S. Dollar Index Forecast

 

About the Author

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.

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