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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
