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Dow Jones 30 and NASDAQ 100 Price Forecast September 14, 2017, Technical Analysis

By: 
Christopher Lewis
Dow Jones 30 daily chart, September 14, 2017

Dow Jones 30 The Dow Jones 30 did almost nothing during the day on Wednesday, as we continue to hang about the 22,100 level. Ultimately, I think pullbacks

Dow Jones 30

The Dow Jones 30 did almost nothing during the day on Wednesday, as we continue to hang about the 22,100 level. Ultimately, I think pullbacks will find plenty of support down to the 22,000 level, so it’s a “buy on the dips” market. However, today was very quiet, and more or less was unimportant.

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Dow Jones 30 and NASDAQ Index Video 14.9.17

NASDAQ 100

The NASDAQ 100 initially fell during the session but started to see a bit of support at the 5980 handle. Most of this was probably due to Apple disappointing a bit, but at the end of the day, I think this market will eventually break above the 6000 handle. Once we do, then the market should go much higher. In the meantime, it still a “buy on the dips” scenario as well.

NASDAQ 100 daily chart, September 14, 2017
NASDAQ 100 daily chart, September 14, 2017
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About the Author

Christopher LewisSenior Analyst

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

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