Forecasts & Analysis
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Trader Reaction to 31450 Sets the Tone
The direction of the March E-mini Dow Jones Industrial Average into the close on Tuesday will be determined by trader reaction to 31450 and 31587.
AutoZone Tops Q2 Earnings Estimates; Stock Has Over 15% Upside Potential
Memphis, Tennessee-based auto parts retailer AutoZone reported better-than-expected earnings in the second quarter, largely driven by government stimulus and recovery in consumer demand from the COVID-19 pandemic slump, sending its shares up over 1% on Tuesday.
S&P 500 Price Forecast – Stock Markets Pull Back Slightly
The S&P 500 pulled back just a bit during the trading session on Tuesday, given back some of the massive gains that we had seen on Monday.
Silver Price Forecast – Silver Markets Hang at 50 Day EMA
Silver markets have initially dipped on Tuesday to reach down towards the $26 level before bouncing and showing signs of strength again.
Crude Oil Price Forecast – Crude Oil Markets Looking For Support
Crude oil markets have broken down quite a bit during the trading session on Tuesday to reach towards the $60 level but has seen a little bit of a bounce.
E-mini S&P 500 Index (ES) Futures Technical Analysis – Trader Reaction to 3872.00 Sets Tone into Close
The early price action suggests the direction of the March E-mini S&P 500 Index will be determined by trader reaction to 3872.00.
Natural Gas Price Forecast – Natural Gas Markets Rally From Support
Natural gas markets have bounced significantly from the 50 day EMA and of course a significant area of both support and resistance.
Gold Price Forecast – Gold Markets Show a Neutral Candlestick
Gold markets have gone back and forth during the trading session on Tuesday as all important $1700 level has shown itself to be supportive.