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

By:
Christopher Lewis
Updated: Sep 14, 2017, 07:37 UTC

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 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 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.

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

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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