The NASDAQ 100 initially tried to rally during the day on Tuesday, but found the area above the 4900 level be a bit too resistive. With this being the
The NASDAQ 100 initially tried to rally during the day on Tuesday, but found the area above the 4900 level be a bit too resistive. With this being the case, looks like we may need to pull back a little bit to build up momentum but I have no interest whatsoever in selling. A break above the top of that candle from Tuesday would also be a buying opportunity, but either way I have no interest in selling this market no matter what happens as we have so much upward momentum in general and have recently broken out.
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.
