Forecasts & Analysis | Indices
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Key Short-Term Support Moves Up to 13773.25
The uptrend is strong and there is no resistance so it doesn’t make sense to keep selling rallies. When you do, you’re only feeding the bull.
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Inside Window of Time for Short-Term Top
Since the Dow is up 14 sessions from its last main bottom, it is vulnerable to a potentially bearish closing price reversal top.
E-mini S&P 500 Index (ES) Futures Technical Analysis – Momentum Turns Lower Under 4101.25
Since there is no resistance, we’re going to continue to say “a trend is motion is likely to remain in motion until acted upon by a stronger force.”
S&P 500 Price Forecast – Stock Markets Continue to Rally On Retail Sales
The S&P 500 has rallied significantly during the trading session after the retail sales numbers in America came out much stronger than anticipated.
Citigroup Q1 Earnings Blow Past Estimates; Target Price $83
New York City-based investment bank Citigroup reported better-than-expected earnings for the first quarter, largely driven by improvements in the macroeconomic outlook and lower loan volumes.
European Equities: Corporate Earnings and Economic Data from the U.S in Focus
With stats from the Eurozone limited to finalized inflation figures, economic data from the U.S and corporate earnings will be in focus today.
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – In Position to Post Closing Price Reversal Top
The direction of the June E-mini NASDAQ-100 Index into the close will be determined by trader reaction to 13975.75.
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 33570 Sets Tone into Close
The direction of the June E-mini Dow Jones Industrial Average futures contract into the close is likely to be determined by trader reaction to 33570.
E-mini S&P 500 Index (ES) Futures Technical Analysis – Momentum Could Shift on Close Under 4132.75
The direction of the June E-mini S&P 500 Index into the close on Wednesday is likely to be determined by trader reaction to 4132.75.