The NASDAQ 100 fell slightly during the course of the session on Tuesday, but as you can see we are still well within the consolidation that we had been
The NASDAQ 100 fell slightly during the course of the session on Tuesday, but as you can see we are still well within the consolidation that we had been in for some time. Because of this, this is a market that I believe that we will eventually be able to start buying again, but we need to see enough volume to return to the market in order to feel comfortable doing so. I believe that the NASDAQ 100 will continue towards the 5000 level, and as a result I think there is plenty of room to continue going forward.
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.
