Major US Indices Forecast, January 23, 2017, Technical Analysis

Published: Jan 22, 2017, 09:15 UTC•1min read

US Indices Forecast

S&P 500 The S&P 500 tried to rally on Friday, but continues to find the 2275 level a bit too exhaustive. Because of this, I believe that every time we pull back the buyers will return, as we are trying to build up enough momentum to finally break out and

S&P 500

The S&P 500 tried to rally on Friday, but continues to find the 2275 level a bit too exhaustive. Because of this, I believe that every time we pull back the buyers will return, as we are trying to build up enough momentum to finally break out and reach towards the 2300 level… Read More S&P 500 Forecast

NASDAQ 100

The NASDAQ 100 initially tried to rally on Friday, but pull back a little bit to form a shooting star. Ultimately, I think there’s plenty of support below though, and the 5000 level should be the “floor”… Read More Nasdaq 100 Forecast

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Dow Jones 30

The Dow Jones 30 rally during the day on Friday, as we had found support near the 19,750 handle. A break above the top of the candle should send this market looking for the 20,000 level yet again, which has been massively resistive. Once we break above that, the longer-term uptrend will continue and we could continue to go much higher… Read More Dow Jones 30 Forecast

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