Forecasts & Analysis | Indices, Page 3

Our job as research analysts is to highlight what we believe is likely to happen and why we believe it is likely to happen. Therefore, without guessing as to the cause of the event, let’s focus on the “Crazy Ivan” event and how we can attempt to profit from

Based on the current price at 7696.50, the direction of the September E-mini NASDAQ-100 Index into the close on Thursday is likely to be determined by trader reaction to the downtrending Gann angle at 7699.75.

Based on the early price action and the current price at 26291, the direction of the September E-mini Dow Jones Industrial Average into the close is likely to be determined by trader reaction to the downtrending Gann angle at 26245.

Based on the current price at 2928.25, the direction of the September E-mini S&P 500 Index into the close is likely to be determined by trader reaction to the Fibonacci level at 2932.50 and the uptrending Gann angle at 2920.25.

China remains the focus of markets, shaping the agenda. It should be noted that the People’s Bank of China helped markets to recover after a shock at the start of the week. The PBoC set the USDCNY rate below the market.

Based on yesterday’s close at 7553.25, the direction of the September E-mini NASDAQ-100 Index on Thursday is likely to be determined by trader reaction to the main 50% level at 7510.25. If you prefer to trade the trend and short strength instead of weakness then you’ll get your shot on

It’s my strong view that volatility is at the absolute core of financial markets. It drives our strategy, the assets we trade, our directional bias and it affects the level of risk we take in each position, and importantly, our position size.

Based on Wednesday’s price action and the close at 25940, the direction of the September E-mini Dow Jones Industrial Average futures contract on Thursday is likely to be determined by trader reaction to the main 50% level at 26012.

Based on Wednesday’s close at 2880.50, the direction of the September E-mini S&P 500 Index on Thursday is likely to be determined by trader resistance to the main 50% level at 2880.75.

It’s data light, with the ECB Economic Bulletin the only market driver from the Eurozone. China trade data and geopolitics will drive the majors today.

The key level to watch into the futures close at 21.00 GMT is the main 50% level at 7510.50. Holding above this level into the close could give the market a boost early Thursday. A break back under 7510.50 will indicate that sellers came in on the close. This could

Late in the session, the September E-mini Dow Jones Industrial Average futures contract is trading 25949. The direction of the Dow into the close will be determined by trader reaction to the main 50% level at 26012.

Stock markets around the world continue to be very noisy, as we don’t have a lot of clarity. The one thing that we do know is that three Asian banks cut interest rates overnight, so that has people worried about whether or not the global growth situation is going to

Based on the early price action and the current price at 2846.25, the direction of the September E-mini S&P 500 Index the rest of the session is likely to be determined by trader reaction to the Fibonacci level at 2845.75.

Following 3 consecutive days in the red, the European majors may find support early on, though earnings and German data could spoil any chance of a rebound.

Based on the early price action and the current price at 7460.50, the direction of the September E-mini NASDAQ-100 Index into the close is likely to be determined by trader reaction to the steep downtrending Gann angle at 7475.75.

The US stock markets were rocked initially in the futures markets as the United States labeled the Chinese as “currency manipulators.” However, there is a whole host of reasons to think that the carnage isn’t quite over.

Based on the early price action and the current price at 25757, the direction of the September E-mini Dow Jones Industrial Average the rest of the session is likely to be determined by trader reaction to the main Fibonacci level at 25685.

Given the current price at 2970.75, the direction of the index the rest of the session is likely to be determined by trader reaction to the 50% level at 2881.00 and the Fibonacci level at 2845.75. Look for a choppy, two-sided trade if the market remains inside this zone.

“May you live in interesting times” is popularly referred as a Chinese curse although there are no real sources to support that. Nevertheless, in western culture, this expression is commonly used now and then. Definitely we can talk about the interesting times on the market right now.