The NASDAQ 100 had a very strong session during the day on Monday, slamming into the 4900 level. As soon as we can break above the top of the range for
The NASDAQ 100 had a very strong session during the day on Monday, slamming into the 4900 level. As soon as we can break above the top of the range for the day on Monday, I feel at that point in time we will start reaching towards the 5000 level which is been my longer-term target for some time. Pullbacks should continue to have plenty of support below, especially near the 4850 level and of course the 4800 level. Ultimately, I have no interest whatsoever in selling this market at this point in time.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
