Stocks Daily Forecast Nov 01 2017

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U.S Dollar Index Consolidates With Upside Bias!

As long as 94.05/94..27 support holds on a daily closing basis, the US dollar index remains neutral with risk to the upside to the 95.00 levels, a halt is likely but a break will aim the 95.57 levels, further upside resistance comes at the 96.21 levels ahead of the 97.11 levels. On the downside, below 94.27/94.05 sees a pullback risk to the 93.32/93.02 levels where another rising is very likely…

Conclusion: The USDINDEX continues to face upside threats above 94.05/94.27 levels despite hesitation…

Dow Jones Index: Bullish Eyes Further Upside!

As long as 23325/23177 support holds on a daily closing basis, the Dow Jones index remains on the upside to the 23770 levels ahead of the 24150 levels, below 23177 sees a pullback risk above 2800 levels before the next rising…

S&P500 Index: Corrective PullBack Ends, Continues Upside Move!

As long as 2559/2543 support holds on a daily closing basis, the S&P500 index remains on the upside to the 2610 levels, a halt is likely but a break will aim the 2640 levels ahead of the 2677 levels, below 2543 sees a pullback threats to the 2496 levels where another rising is likely…

Nikkei 225: Sees Further Bullish Momentum!

As long as 22212/21840 support holds on a daily closing basis, the Japanese Nikkei remains on the upside to the 22760 levels ahead of the 23000/23500 levels, below 21480 sees a pullback risk to the 21587/21205 levels before the next rising…

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