Stocks Monthly Forecast Aug 2016

” Dow Jones: Bullish But Around Critical Resistance “

Dow Jones: As long as 17780 support holds on a monthly closing basis, the Dow Jones index remains on the upside towards the 18440 levels, a halt is likely, but above 18440 would open 19280 next, further upside, resistance comes at the 20205 levels…On the downside, below 17780 faces a pullback risk towards the 16450 levels before the next rise….

Stocks Monthly Forecast Aug 2016-US30“S&P 500: Sees Further Bullish Momentum”

S&P 500 : As long as 2105 support holds on a monthly closing basis, the S&P 500 index remains on the upside towards the 2186 levels, we might see hesitation, but above 2186 would open 2290 next, further upside, resistance┬ácomes in the 2403 levels. On the downside, below 2105 sees a pullback risk towards the 2025 levels before the next rise…

Stocks Monthly Forecast Aug 2016-SP500” Nikkei 225: Consolidates Below Resistance “

Nikkei 225 : As long as 17140/17905 resistance holds on a monthly closing basis, the Nikkei 225 index remains on the downside towards the 15440 levels, a halt is likely but a cut would open 13390 next, we might see hesitation around this level, but a cut will turn the focus on the 10428 levels. On the upside, above 17905 faces a recovery risk towards the 19885/20965┬álevels…

Stocks Monthly Forecast Aug 2016-JPN225

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