Technical Forecast for Dow, S&P 500, DAX, FTSE 100 and Nikkei

Equities Talking Points:

SP 500 and Nasdaq 100 Charts – Amazon, Google Earnings Weigh Today.

Dow Jones Re-Tests 25k; Wall of Worry Proving Too Tall to Climb.

– Are you looking for longer-term analysis of Equity prices? Check out our Quarterly Forecasts as part of the DailyFX Trading Guides.

Stocks Not Yet Ready to Rally as the Wall of Worry Proves Too Tall to Climb

It was another bearish week for global stocks as the October/Q4 sell-off extended to fresh lows. While last week brought a backdrop for bullish reversals in US markets, that theme was negated throughout this week as risk aversion remained a key driver across global markets. As discussed on Wednesday, US corporates have started to point to impact from tariffs; and this, when combined with fears around continued rising rates in the US, may be a tipping point type of scenario that stopped that bullish breakout from last quarter dead in its tracks. And when also including the situation around Europe and Italy, along with continued mayhem around Brexit, and there’s just a lot to worry about at the

Article source: https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2018/10/26/technical-price-forecast-for-dow-spx500-dax-ftse-nikkei-outlook-forecast-srepstans.html