The Official EminiForecaster forecast for the trading week ending September 26th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We expect the market to continue its rise all week.

Cycling below the 1998 area is bearish, above it is bullish. We are currently in bullish territory.

The volatility has been declining in recent days which is bullish and at about 15.4 points per day.  Also keep in mind the months from June 17th into about October 17th are often higher volatility months (particularly in up years) but this will typically be proceeded by higher volatility which we are not seeing at this time.

Our projections for the coming week are showing 2024 above and the low end is showing 1979 as a potential target. This method operates on about the 70% probability level over time.

Monday, an open below 2001.25 is bearish. An open above 2008 is bullish. In between these levels is neutral and ranging is more likely.

We have a moderately busy report schedule next week with reports on each day of the week. Be sure to check the schedule for times: http://eminiforecaster.com/members/membersblog/calendar.html

In order to view last week’s history, click here: http://eminiforecaster.com/history.html

EMF Team
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