Stocks Weekly Forecast Aug 22 2016

Dow Jones: Bullish With Risk To The 18580 Levels , S&P 500: Bullish , Pressure Build Up On The 2228 Levels, Nikkei 225 : Bullish Despite Pullback, Eyes The 17500 Levels !

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“Dow Jones: Bullish With Risk To The 18580 Levels”

Dow Jones : As long as 18255 support holds on a weekly closing basis, the Dow Jones index remains on the upside towards the 18580 levels, a break will open 18940 next, further upside, resistance comes at the 19300 levels…Alternatively; a failure to take out the 18580 levels ould mean a return to the 18255 levels before the next rise, below 18255 sees a corrective pullback towards the 18000 levels before the next rise, below 18000 sees a free fall towards the 17111 levels…Conclusion: The Dow Jones index sees an upside threats above the 18000/18255 levels…

Stocks Weekly Forecast Aug 22 2016-US30S&P 500: Bullish , Pressure Build Up On The 2228 Levels!

S&P 500: As long as 2141/2108 support holds on a weekly closing basis, the S&P 500 index remains on the upside towards the 2182 levels ahead of the 2228 levels. Below 2108 sees a fall risk towards the 2005 levels before the next rise…

Stocks Weekly Forecast Aug 22 2016-SPX500Nikkei 225 : Bullish Despite Pullback, Eyes The 17500 Levels !

Nikkei 225: As long as 16464 support holds on a weekly closing basis, the Nikkei 225 index remains on the upside to the 17500 levels, a halt is likely but a break would open 17900 levels ahead of the 18230 levels, below 16464 sees a pullback risk to the 15790 levels…

Stocks Weekly Forecast Aug 22 2016-JPN225

 

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