US Open. Market Overview for 03.08.2016
03.08.2016
Pre Market:
The Standard & Poors 500 Future is trending lower. European Stocks are unchanged. Good numbers from Unicredit are helping Bank Stocks retrace their losses. In total the market is relatively quite, compared to the down moves of the last two days.
S& P500
The S&P500 has, in our opinion, reached a trend reversal. We expect a downward trend.
Nasdaq 100
The Nasdaq 100 has, in our opinion, reached a trend reversal. We expect a downward trend.
RoboForex Analytical Department
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.