US Indices Forecast, January 18, 2017

E-mini NASDAQ-100

March E-mini NASDAQ-100 Index futures are trading flat shortly before the cash market opening and the U.S. consumer inflation report.

The main trend is up according to the daily swing chart. The uptrend will resume on a trade through 5063.25.

A trade through 5025.00 will change the minor trend to down. This could trigger a move into the next minor bottom at 4990.25… Read More E-mini NASDAQ-100 Forecast

E-mini Dow Jones

March E-mini Dow Jones Industrial Average futures are called higher shortly before the cash market opening and after the release of the U.S. consumer inflation data that came in as expected. After the release of a few more reports, traders are going to shift their focus on Fed Chair Janet Yellen’s speech on monetary policy and perhaps look ahead to Trump’s economic plans… Read More E-mini Dow Jones Forecast

U.S. Dollar Index

March U.S. Dollar Index futures are trading higher, but inside yesterday’s range. This chart pattern indicates investor indecision and impending volatility. We’re looking at an early inside move because few traders are willing to take positions ahead to today’s U.S. consumer inflation report at 1330 GMT… Read More U.S. Dollar Index Forecast

E-mini S&P 500

March E-mini S&P 500 Index futures are trading higher during the pre-market session. The index is also posting an inside day, indicating investor indecision and impending volatility. Today, investors will be dealing with a report on consumer inflation at 1330 GMT and Fed Chair Janet Yellen at 2000 GMT. However, the main focus for investors remains Trump’s economic policies and whether he can put them in motion in a timely manner… Read More E-mini S&P 500 Forecast