For US Stock Index Predictions for Week of 7/1/2024. Note the predictions were generated 6/29/2024. So you have to mentally offset the predictions to the 7/1/2024. That would be the equivalent first trading day. Also note, 7/4/2024 is 4th of July, which is a national holiday. We anticipate no trading on this day, especially for US Stock Indices.
Let’s look at the weekly prediction for SPXUSD or SP500
We can anticipate a steady uptrend for the entire week. This is expected, especially for 4th of July Week.
Next, look at DJIUSD or Dow Jones Industrial Average:
For DJIUSD, we can anticipate a slight downtrend for the first part of the week. Then we can anticipate a recovery back to the high of the week which would last through the end of the week.
Lastly, let’s look at the prediction for NDQUSD or the NASDAQ composite index:
Similar to SP500, we can anticipate a steady uptrend throughout the week. Then we can anticipate a slight downtrend for the remainder of the week. NDQUSD had a protracted downswing on Friday 6/28/2024, so this index should offer excellent risk:reward if the trend holds up as expected.
Disclaimer:
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