Stocks in Choppy Trade The day has been marked by choppy trading with no specific direction in both the stock and the currency markets as the traders and investors await the FOMC tomorrow which is likely to set the tone for the short term. The market expects the Fed to be hawkish about the economy … Continue reading Market Snapshot – Markets in Consolidation Phase
December E-mini NASDAQ-100 Index futures are called slightly higher shortly before the opening. The market is trading inside yesterday’s wide range, suggesting investor indecision and impending volatility. Daily Technical Analysis The main trend is up according to the daily swing chart, but momentum is sideways to lower. On Monday, the index posted a potentially bearish … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – September 19, 2017 Forecast
The S&P 500 started this week on a stronger note. It rose on September 18 and carried the buying momentum forward from last week.