The NASDAQ 100 broke out during the course of the week, slicing through the 4800 level. At this point in time, I believe that the market should try to
The NASDAQ 100 broke out during the course of the week, slicing through the 4800 level. At this point in time, I believe that the market should try to reach towards the 5000 level longer-term, which has been a target that I’ve been looking for over the last several months. Any pullback at this point in time should continue to be buying opportunities, as this market should continue to thrive in a low interest-rate environment that seems to be what we are stuck in for the foreseeable future.
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.
