The NASDAQ 100 fell during the day on Monday as US indices in general world negative. The market broke out recently, and now we are coming back to retest
The NASDAQ 100 fell during the day on Monday as US indices in general world negative. The market broke out recently, and now we are coming back to retest that area for support. As we have bounced slightly towards the end of the day, it now looks as if the buyers are coming back and therefore I’m willing to buy on the first signs of an impulsive candle to the upside, or a supportive candle as we should then reach towards the 5000 level given enough time. I have no interest in selling this market at all.
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.
