After trading with weakness for two trading days, the S&P 500 regained strength on June 28. Nine out of 11 major S&P 500 sectors rose on Wednesday.
September E-mini NASDAQ-100 Index futures are trading lower during the pre-market session. Yesterday, the market posted a strong technical bounce to the upside after posting a potentially bullish closing price bottom. Early Thursday, the chart pattern was confirmed when buyers took out yesterday’s high. The subsequent buying wasn’t strong enough to continue the upside momentum … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – June 29, 2017 Forecast
S&P 500 The S&P 500 started out the day rather choppy, but then shot straight through the ceiling as we broke above the 2425 handle. This is a very bullish sign, and it looks as if the S&P 500 is trying to recover a lot of the losses that we have had in the last … Continue reading Major US Indices Forecast, June 29, 2017, Technical Analysis