US Open. Market Overview for 05.08.2016
05.08.2016
Pre Market:
The Standard & Poors 500 Future is trading up 0.34%. The US Payroll figures exceeded analyst´s expectations. Expectations of an increase of 170 000 non farm payrolls were beaten significantly at 255 000. European Markets and the USD are trading higher on the back of the figures.
S& P500
The S&P500 has, in our opinion, reached a trend reversal. Should the S&P close on an all time high we will reappraise our position.
Nasdaq 100
The Nasdaq 100 has, in our opinion, reached a trend reversal. Should the Nasdaq 100 close on an all time high we will reappraise our position.
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.