Stocks Weekly Forecast Oct 23 2017

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U.S Dollar Index: Bullish Eyes The 95.00 Levels!

As long as 92.55 support holds on a weekly closing basis, the U.S Dollar Index remains on the upside to the 95.00 levels, a halt is likely but a break will open the 96.20 levels ahead of the 97.47 levels. Below 92.55 sees a pullback risk to the 90.75 levels. Note that we have bullish divergence, neckline comes at the 94.05 levels.

Dow Jones Index: Bullish Eyes Further Upside!

As long as 22790 support holds on a weekly closing basis, the Dow Jones Index remains on the upside to the 23415 levels ahead of the 24130/24630 levels. Below 22790 sees a pullback threat to the 22268 levels before another rise, further down, support comes at the 21845 levels.

S&P500 Index: Bullish With Risk To The 2600 Levels!

As long as 2545 support holds on a weekly closing basis, the ٍS&P500 Index remains on the upside to the 2610 levels ahead of the 2680 levels. Below 2545 sees a pullback threat to the 2499/2467 levels before another rising…

Nikkei 225 Index: Bullish With Risk To The 20865 Levels!

As long as 21260 support holds on a weekly closing basis, the ٍNikkei 225 Index remains on the upside to the 22200 levels ahead of the 23000 levels. Below 21260 sees a pullback threat to the 20750/20500 levels before another rising…

 

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