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.
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.
