Emini S&P Daily Forecast - 17 September 2018

Opening Bell: USD Slips; Oil Jumps; Traders Await Direction On Equities

Emini S&P Daily Forecast - 17 September 2018

www.investing.com/analysis/emini-sp-daily-forecast--17-september-2018-200344054

Emini S&P Daily Forecast - 17 September 2018

By Jason Sen | Sep 16, 2018 02:00AM ET

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Emini S&P

Emini S&P rising trend line resistance is now closer to the all time high at 2916/17. A break higher is a buy signal this week targeting 2921 & 2925/26, perhaps as far as 2933/35.

We may be starting a sideways trend to consolidate gains over the summer, which would be characteristic of of a bull market. Downside should be limited therefore with first support at 2902/00. Below targets 2897 then better support at 2895/94. Try longs with stops below 2889.

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Central Banks

Interest Rates

Next Meeting

FED

2.00%

Sep 26, 2018

ECB

0.00%

Oct 25, 2018

BOE

0.75%

Nov 01, 2018

SNB

-0.75%

Sep 20, 2018

RBA

1.50%

Oct 02, 2018

BOC

1.50%

Oct 24, 2018

RBNZ

1.75%

Sep 27, 2018

BOJ

-0.10%

Sep 19, 2018

CBR

7.50%

Oct 26, 2018

RBI

6.50%

Oct 05, 2018

PBOC

4.35%

BCB

6.50%

Sep 19, 2018

S&P 500 Futures	2,935.75	+20.75	+0.71%
Nasdaq Futures	7,602.25	+75.75	+1.01%
Dow 30	26,647.32	+241.56	+0.91%
Nasdaq	8,027.18	+77.14	+0.97%
SmallCap 2000	1,716.80	+13.87	+0.81%
S&P 500 VIX	11.66	-0.09	-0.77%
DAX	12,326.48	+107.46	+0.88%
US Dollar Index	93.56	-0.56	-0.59%

Gold	1,211.50	+3.20	+0.26%
Silver	14.315	+0.035	+0.25%
Copper	2.742	+0.013	+0.46%
Crude Oil WTI	70.31	-0.46	-0.65%
Brent Oil	78.64	-0.76	-0.96%
Natural Gas	2.984	+0.076	+2.61%
US Soybeans	850.00	+20.80	+2.51%
US Wheat	521.75	-0.65	-0.12%

EUR/USD	1.1766	+0.0093	+0.80%
USD/JPY	112.47	+0.18	+0.16%
USD/CAD	1.2908	-0.0013	-0.10%
GBP/USD	1.3255	+0.0111	+0.84%
USD/MXN	18.8167	+0.0452	+0.24%
AUD/USD	0.7284	+0.0022	+0.30%
USD/TRY	6.1938	-0.0555	-0.89%
USD/INR	71.775	-0.220	-0.31%

BTC/USD	6,414.9	+75.9	+1.20%
ETH/USD	209.19	+0.02	+0.01%
BCH/USD	427.58	-0.24	-0.06%
IOT/USD	0.53610	+0.01111	+2.12%
LTC/USD	54.240	+0.700	+1.31%
XRP/USD	0.36900	+0.04320	+13.26%
BTC/EUR	5,471.7	+43.6	+0.80%
DASH/USD	189.93	+2.03	+1.08%

Emini S&P Daily Forecast - 17 September 2018

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