Dow Jones 30 The Dow Jones 30 pulled back a bit during the session on Wednesday, looking towards the 21,800 level for support. We bounced enough to show signs of resiliency though, and it looks like the buyers are returning later in the US session. Ultimately, I believe that the market should continue to find … Continue reading Dow Jones 30 and NASDAQ 100 Price Forecast August 24, 2017, Technical Analysis
PMI Data from Eurozone Comes in Stronger Today was a light day on the economic calendar but on such a day, the PMI data from the Eurozone was the dominating factor. The data came in stronger than expected and this raised the concern of tapering once again. While it was a matter of concern for … Continue reading Market Snapshot – Slow and Ranging Day
After falling for two consecutive trading weeks, the S&P 500 started this week on a mixed note. It stayed range bound on Monday and staged a brief recovery.