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Dow Jones 30 and NASDAQ 100 Forecast September 11, 2017, Technical Analysis

By:
Christopher Lewis
Updated: Sep 10, 2017, 08:14 UTC

Dow Jones 30 The Dow Jones 30 initially fell on Friday but rallied a bit to reach towards the 21,850 level. Ultimately, the market should continue to be

Dow Jones 30 daily chart, September 11, 2017

Dow Jones 30

The Dow Jones 30 initially fell on Friday but rallied a bit to reach towards the 21,850 level. Ultimately, the market should continue to be choppy, but I think eventually the buyers will come in. I like buying pullbacks, as the market seems to be well supported below. I think that the market will go looking for the 22,000-level given enough time.

Dow Jones 30 and NASDAQ Index Video 11.9.17

NASDAQ 100

The NASDAQ 100 fell a bit during the course of the session on Friday, reaching towards the 5935 level. I think the 5900-level underneath should be well supported, and more than likely the buyers will come back in. I think these pullbacks offer value, as the NASDAQ 100 has offered a bit of a leader for US indices.

NASDAQ 100 daily chart, September 11, 2017
NASDAQ 100 daily chart, September 11, 2017

About the Author

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.

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