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Dow Jones 30 and NASDAQ 100 Price Forecast September 7, 2017, Technical Analysis
Updated: Sep 7, 2017, 04:13 GMT+00:00
Dow Jones 30 The Dow Jones 30 rallied a bit during the day on Wednesday, bouncing from the 21,700 level. We are starting to see the market trying to take
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Dow Jones 30
The Dow Jones 30 rallied a bit during the day on Wednesday, bouncing from the 21,700 level. We are starting to see the market trying to take back the gap from several sessions ago, so we could continue the upward momentum. However, I don’t think that it’s going to be very comfortable to hang onto a long position in a market that has been so volatile with outside influences such as North Korea coming into play.
Dow Jones 30 and NASDAQ Index Video 07.9.17
NASDAQ 100
The NASDAQ 100 did very similar work on Wednesday, testing the 5900 level underneath as support. The market looks likely to trying to continue to go to the upside, and it looks like the 5900 level continues to offer a floor. Given enough time, I think we will trying to recapture the 6000 handle above and go further.
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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