US Indices Forecast, March 20, 2017
E-mini S&P 500
June E-mini S&P 500 Index futures are trading lower shortly before the cash market opening. Investors are paring positions due to the uncertainty over the Trump administration policies especially in regards to healthcare. Financial stocks are also feeling some heat from the Fed’s decision to increase interest rates gradually… Read More E-mini S&P 500 Forecast
E-mini NASDAQ-100
June E-mini NASDAQ-100 Index futures are trading lower shortly before the cash market opening. The earlier weakness took out last Thursday’s low which confirmed the closing price reversal top at 5440.00.
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The main trend is up according to the daily swing chart, but momentum shifted to the downside with the formation of the closing price reversal top. A trade through 5440.00 will negate the closing price reversal top… Read More E-mini NASDAQ-100 Forecast
E-mini Dow Jones
June E-mini Dow Jones Industrial Average futures are called lower shortly before the cash market opening. The chart pattern is starting to suggest the rally is losing momentum. It looks as if investors are waiting for bullish news to continue the rally. In the meantime, there is also a little nervousness which is helping to encourage some liquidation and position-squaring… Read More E-mini Dow Jones Forecast
U.S. Dollar Index
June U.S. Dollar Index futures are trading lower shortly before the regular session opening. The market opened lower in reaction to the G-20 events over the week-end, but the selling pressure subsided early in the session, triggering an intraday short-covering rally… Read More U.S. Dollar Index Forecast