The NASDAQ 100 had a very positive session on Monday as we continue to bang up against significant resistance. I still feel that we are heading to the
The NASDAQ 100 had a very positive session on Monday as we continue to bang up against significant resistance. I still feel that we are heading to the 5000 level, but it could be quite a bit of back and forth trading between here and there. Short-term pullback should continue to offer buying opportunities in what has been a very bullish market. Ultimately, I do expect the 5000 level offer a bit of resistance, but longer-term we should continue to go higher than that. I believe that the 4900 level is going to continue to act as support.
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.
