Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Two of Three Indices Stretched

The S&P 500 is pretty quiet as well and I think you have a situation where short-term pullbacks probably offer buying opportunities, especially near the 7,300 level. The 7,500 level is a target as far as I can see, and I think, given enough time, we will probably get there, but a little bit of value being offered on the occasional pullback is, of course, something that I think you would be looking forward to as well.