US Indices Forecast, February 28, 2017

E-mini S&P 500

March E-mini S&P 500 Index futures are called lower shortly before the cash market opening. During the pre-market session, the index posted an inside move that indicates trader indecision and impending volatility.

The main trend is up according to the daily swing chart. A trade through 2370.75 will signal a resumption of the uptrend… Read More E-mini S&P 500 Forecast

U.S. Dollar Index

March U.S. Dollar Index futures are trading lower shortly before the regular session opening. The market is trading inside yesterday’s range which indicates investor indecision and impending volatility.

The main trend is up according to the daily swing chart. However, momentum has been trending lower since the closing price reversal top was formed at 101.75 on February 15. A trade through 101.75 will negate the chart pattern and signal a resumption of the uptrend… Read More U.S. Dollar Index Forecast

E-mini Dow Jones

Traders are calling for the March E-mini Dow Jones Industrial Average futures contract to open lower on Tuesday. There was no follow-through to the upside after yesterday’s record high. The Dow is currently trading inside yesterday’s range which suggests investor indecision and impending volatility… Read More E-mini Dow Jones Forecast

E-mini NASDAQ-100

March E-mini NASDAQ-100 Index futures are trading flat shortly before the cash market opening. The index is trading inside yesterday’s range which suggests investor indecision and impending volatility. The market is also in a position to challenge the last main top at 5361.25… Read More E-mini NASDAQ-100 Forecast