Stocks, Oil and US Dollar Forecasts Summary 2018
Stock-Markets / Financial Markets 2018 Jan 02, 2018 - 03:44 PM GMTWe continue to be bullish on virtually all global stocks as we have been for well over a year, our longer term forecasts show the potential for another consolidation during 2018 but for now our daily forecasts show a continued increase in the value of most global stock markets.
SPX daily forecast January 2018
We continue to be bullish oil in the short term as we have been for a couple of months now, however on a longer term view substantial resistance lies above in the mid 60’s and above that in the mid 70’s. Our algorithm views the last few months’ action as a short term bull market within a larger bear market.
WTI daily forecast January 2018
The Dollar continues to show weakness as we have been forecasting for some time, however price has now reached an area of substantial long term support. We expect this area to hold for some time at present.
USDX daily forecast January 2018
During the last year we have consistently forecast the bull market in stocks, keeping our subscribers on the right side of the so called “most hated bull market in history”. Our algorithm makes forecasts based on the actions of the market rather than on any fundamental analysis or perception of what the market should be doing, as a result we haven’t hated this bull market and the relentless rise hasn’t been a surprise to our subscribers.
We create forecasts for a wide range of markets, stocks, bonds, forex and commodities using our unique forecast algorithm that has kept our subscribers consistently making the correct decisions.
Ken Ticehurst
Founder Logalgo.com
Ken Ticehurst is the publisher of forecasts for a wide range of markets at https://www.logalgo.com he has a BSC (Hons.) in Industrial Design and decades of experience as a data analyst. Having used technical analysis during over ten years of trading, he became frustrated with how backward looking it is and set about creating a logical mathematical approach to analysing future prices.
Copyright 2018, Ken Ticehurst. All rights reserved.
Disclaimer: The above information is not intended as investment advice. Market timers can and do make mistakes. The above analysis is believed to be reliable, but we cannot be responsible for losses should they occur as a result of using this information. This article is intended for educational purposes only. Past performance is never a guarantee of future performance.
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