US Indices Forecast, December 1, 2016

E-mini S&P 500

December E-mini S&P 500 Index futures reached a new contract high on Wednesday, but a wave of sellers came in on the move as the buying dried up, triggering a sharp break into the close, and leading to the formation of a potentially bearish closing price reversal top… Read More E-mini S&P 500 Forecast

E-mini NASDAQ-100

December E-mini NASDAQ-100 Index futures closed sharply lower on Wednesday as traders diverged from the other major indices. This is a sign of increasing selling pressure.

The main trend is up according to the daily swing chart; however, the two-day break from its recent top indicates that momentum has shifted to the downside. A trade through 4897.75 will signal a resumption of the uptrend… Read More E-mini NASDAQ-100 Forecast

E-mini Dow Jones

December E-mini Dow Jones Industrial Average futures managed to eke out a small gain on Wednesday after posting a new all-time high. However, the rallied looked labored as buyers seemed a little tentative at current lofty levels… Read More E-mini Dow Jones Forecast