The S&P 500 started this week with an improved sentiment. On July 27, six out of the S&P 500’s 11 major sectors closed negative.
September E-mini NASDAQ-100 Index futures are trading lower. The market is being pressured by a drop in Amazon stock. Traders also don’t seem to be too impressed with today’s GDP data. The price action suggests investors may be taking profits ahead of the end of the month. Perhaps they are thinking about an August vacation. … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – July 28, 2017 Forecast
Stocks Cautiously Bearish The stock markets were struggling during the London session which was basically a follow up from what we had seen earlier during the Asian session. The main reason was the fact that the slip up in the technology shares, which was seen during the US session yesterday, has continued to weigh on … Continue reading Market Snapshot – Euro and Dollar in Focus