Short-Term Stock Market Uncertainty Following Recent Rally, Will Stocks Continue Higher?

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Armed Police Sheffield Following Asian Men Around Meadowhall Shopping Centre

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article60263.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

TASI Targets Higher Prices Following Breakout Of Bull Pennant

The Tadawul All Share Index (TASI) bull trend is preparing for its next move higher following a pull back towards support. Support can be anticipated anywhere from last week’s low of 7,059 and down to approximately 6,870. The lower part of the range is from previous resistance (now potential support) at the swing high from […]

Stock Market Uncertainty Following Interest Rate Increase – Will Uptrend Continue?

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index). Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year’s all-time high: Intraday outlook (next 24 hours): bearish Short-term outlook […]

Stock Market More Fluctuations Following Monday’s Move Down – Which Direction Next?

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index). Our intraday outlook remains bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year’s all-time high: Intraday outlook (next 24 hours): bearish Short-term outlook […]