The NASDAQ 100 broke higher during the Monday session, as we continue to see buying time and time again every time we pullback. The 4800 level of course
The NASDAQ 100 broke higher during the Monday session, as we continue to see buying time and time again every time we pullback. The 4800 level of course offered resistance, but I think we will continue to go higher from there. I believe that the 4900 level above will be targeted, but it may take a bit of momentum building to continue to rise. If we can break above the 4900 level, we should then reach towards the 5000 handle. I have no interest in shorting, and I believe that every time we pullback we get value in this market.
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.
