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Dow Jones 30 and NASDAQ 100 Price Forecast September 8, 2017, Technical Analysis

By
Christopher Lewis
Published: Sep 8, 2017, 04:02 GMT+00:00

Dow Jones 30 The Dow Jones 30 has been volatile during the Thursday session as we continue to chop around overall. This is a market that has a gap in this

Dow Jones 30 daily chart, September 08, 2017

Dow Jones 30

The Dow Jones 30 has been volatile during the Thursday session as we continue to chop around overall. This is a market that has a gap in this general vicinity from several sessions ago, so I think the buyers may be coming back. Ultimately, the Dow Jones 30 has been bullish over the longer term, and I believe that the market will eventually go towards the 22,000 level above.

NASDAQ 100

The NASDAQ 100 has rallied a bit during the session on Thursday, and it looks as if the NASDAQ 100 is going to continue to lead the way for other indices in America. Ultimately, the market continues to be a buy on the dips situation, and I think that the NASDAQ 100 will go looking towards the 6000 handle above, and break above there given enough time. The NASDAQ 100 is the leader in America.

NASDAQ 100 daily chart, September 08, 2017

About the Author

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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