Dow Jones 30 The Dow Jones 30 rally during the course of the week, near the 20,400 level. That being the case, I believe that the market will break out to
Dow Jones 30
The Dow Jones 30 rally during the course of the week, near the 20,400 level. That being the case, I believe that the market will break out to the upside and it looks as if we have a bit of a bullish flag going on. I think that the 21,000 level will be targeted. However, we are in the middle of earnings season so you can expect quite a bit of choppiness.
Dow Jones 30 and NASDAQ Index Video 24.4.17
NASDAQ 100
The NASDAQ 100 is very bullish looking as we had a very long green candle during the week. I believe that the market will eventually reach towards the 5500 level, and eventually break above there. I believe that a pullback should be a nice buying opportunity, as the 5300-level underneath should continue to be the “floor.”
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.