Mid-week broader market forecast update, September 25, 2014.

Our research now shows the next downside short term target for the DJIA is 16850. The lower 200 day support level sits right around 16600. This is a 50% mid line cycle neutral point between a low established in early August around 16375 and recent high within the last week just under 17400. Based on our research 16850 should hold. A break below would bring us down to the 200 day at 16600. This is a repeat move that occurred last April after the powerful rally off the February low.  So far nothing has been violated to make us think a large correction has begun. The next employment report might be a catalyst to bring us back to retest highs again over the short term. It’s all about the FED. Next broader market update will be Sunday night.


Follow Us on:

Payments accepted..

Disclaimer:

Trade Reversal, LLC is not a registered investment advisor. We do not and will not provide personalized investment advice. Trade Reversal, LLC publishes opinionated information about companies that we believe our subscribers may have interest. This website and affiliated websites contain "forward looking statements," inside the definition of Section 27A of The Securities Act of 1933 and Section 21B of The Securities Exchange Act of 1934. All statements that express, or involve, discussions with respect to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions, opinions or future events or performance are not statements of historical fact, and may be "forward looking statements." All such statements and content are based on projections, estimates, expectations, and information available at the time the statements are made, and may involve risks which could cause actual results to differ than those anticipated. All performance results, hypothetical and/or otherwise are speculative, limited and unrelated to those from other accounts or individuals. Profits and losses are inherently unique, and should never be expected to meet or match those of any other account. Trade Reversal LLC websites and Products and the content within are not to be interpreted as an offer to buy or sell any financial instrument. Any investment questions should be directed to qualified, licensed, professional financial experts from both private and governmental sources. Trade Reversal LLC, and all of its officers, writers, directors, partners, affiliates, contributors, consultants or employees are not licensed personal financial advisors, and will not answer personal investment questions.
Copyright © 2011 - 2014 Trade Reversal, LLC. All rights reserved. | Privacy Policy
Sign up for a free 14 day trial of our newsletters