The NASDAQ 100 initially fell during the course of the week, bouncing off of the 4200 level and then spiking all the way to the 4450 range. Ultimately, I
The NASDAQ 100 initially fell during the course of the week, bouncing off of the 4200 level and then spiking all the way to the 4450 range. Ultimately, I believe that this market goes higher but we may have to see short-term pullbacks in order to take advantage of value. The Monday session of course will feature a closed America, due to the Independence Day holiday. So having said that, I believe that we will be looking at moves later in the week. I believe that short-term charts are probably the better way to go.
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.