Stocks Daily Forecast Oct 16 2015

Forex stocks002
Forex stocks002

USDINDEX: As long as 94.58 resistance holds on a daily closing basis, outlook in US dollar index remains neutral with risk to the downside towards the 93.95 levels ahead of the 93.45 levels, above 94.58 faces a recovery risk towards the 95.5066 levels before the next fall.

Stocks Daily Forecast Oct 16 2015-USDINDEX

Dow Jones: As long as 16915/16770 support holds on a daily closing basis, outlook in Dow Jones index remains on the upside towards the 17310 levels and possibly higher towards the 17450 levels, below 16770 faces a pullback risk towards the 16454/16227 levels before the next rise..

Stocks Daily Forecast Oct 16 2015-US30

S&P 500: As long as 1983 support holds on a daily closing basis, outlook in S&P 500 index remains on the upside towards the 2020/2040 levels and possibly higher towards the 2105 levels, below 1983 faces a pullback risk towards the 1948/1911 levels before the next rise..

Stocks Daily Forecast Oct 16 2015-SP500

Nikkei 225: As long as 17705 support holds on a daily closing basis, outlook in Nikkei 225 index remains on the upside towards the 18610 levels and possibly higher towards the 19070 levels, below 17705 faces a pullback risk towards the 17475/17200 levels before the next rise..

Stocks Daily Forecast Oct 16 2015-JPN225

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