Stocks Daily Forecast Jun 16 2015

Forex New York stock min min
Forex New York stock min min
USDINDEX: As long as 95.61 resistance holds on a daily closing basis. The outlook in the US dollar index remains on the downside towards the 94.30 levels. At this point, I’d expect strong support from 94.30 to contain fall from 97.85 levels and bring trend reversal. However, below 94.30 will bring a lower leg below 93.14 levels. On the upside. Above the 95.60 will reverse risk towards the 96.57/97.85 levels where a breach will open 98.66 levels ahead of the 100.22 levels.

Commodities Daily Forecast Jun 16 2015_USDINDEX

Dow Jones: As long as 18047 resistance holds on a daily closing basis. The outlook in Dow Jones index remains neutral with risk to the downside towards the 17877 levels ahead of the 17700 levels, above 18047 faces a recovery risk towards the 18165 levels before the next fall, to restore the upside momentum, a clear break above the 18165 levels is needed, If seen, a higher leg above the 18360 levels is suggested…

Commodities Daily Forecast Jun 16 2015_US30

NASDAQ-100: As long as 4500 resistance holds on a daily closing basis, the outlook in NASDAQ-100 index remains neutral with risk to the downside towards the 4425/4391 levels, a clear break above the 4500 levels will restore the upside momentum and bring a higher leg above the 4553 levels.

Commodities Daily Forecast Jun 16 2015_NASDAQ100

S&P500: As long as 2118 resistance holds on a daily closing basis. The outlook in the SP500 index remains neutral with risk to the downside towards the 2080/2070 levels, a clear break above the 2118 levels will restore the upside momentum and bring a higher leg above the 2136 levels.

Commodities Daily Forecast Jun 16 2015_SPX500

Nikkei 225: As long as 19855 support holds on a daily closing basis. The outlook in Nikkei 225 index remains neutral with risk to the upside towards the 20585 levels, a break will restore the upside momentum and open the 20722/20940 levels, below 19855 will reverse risk towards the 19595/19450 levels before the next rise…

Commodities Daily Forecast Jun 16 2015_JPN225

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