Market Forecast 18/10/2017

FTSE 100 is slightly correcting lower, but remains supported. SPX 500 would continue to move higher in the near term. FTSE 100 Index Forecast – Corrections Are Limited Key Points The FTSE 100 index after forming a short-term top at 7,564 started a downside move. There is a short-term descending channel forming with support at… Continue reading Market Forecast 18/10/2017

Market Forecast 12/10/2017

The DAX 30 index remains elevated above the 12,900 support and the SPX 500 Index remains buy on dips near the 2,545 level. DAX 30 Index Forecast – Break above 13,000 Possible? Key Points: The DAX 30 index managed to move above the 12,900 resistance level, which is a positive sign. There is a short-term… Continue reading Market Forecast 12/10/2017

Market Forecast 28/09/2017

The DAX 30 index remains in a major uptrend above 12,600 and the SPX 500 Index is eying a short-term correction before higher. DAX 30 Index Forecast – Break above 12,700 Likely Key Points The DAX 30 index remains in an uptrend and recently moved above the 12,600 resistance. There is an expanding triangle forming… Continue reading Market Forecast 28/09/2017

Market Forecast 14/09/2017

CAC 40 Index Forecast – Dips Remain Supported Key Points The CAC 40 index recently traded higher and moved above the 5,200 level before facing resistance. There was a break above a key bearish trend line with resistance at 5,100 on the 4-hours chart of CAC 40 Index. Today in the Euro Zone, the French… Continue reading Market Forecast 14/09/2017

Market Forecast 07/09/2017

DAX 30 Index Forecast – Eyeing Upside To 12,450 Key Points The DAX 30 index was able to move above a major resistance at 12,100. There was a break above a crucial bearish trend line with resistance at 12,100 on the 4-hours chart of DAX 30 Index. Today in the Euro Zone, the German Industrial… Continue reading Market Forecast 07/09/2017

Market Forecast 31/08/2017

DAX 30 Index Forecast – Facing Crucial Hurdle Key Points The DAX 30 index remained in the bearish zone and recently tested the 11,860 support zone. There is a major bearish trend line positioned near 12,170 on the 4-hours chart of DAX 30 Index. Today in the Euro Zone, the Consumer Price Index for August… Continue reading Market Forecast 31/08/2017