The NASDAQ 100 bounced during the day on Friday, as the jobs number came out at 211,000 added. This of course is a bullish sign for US stock markets, so
The NASDAQ 100 bounced during the day on Friday, as the jobs number came out at 211,000 added. This of course is a bullish sign for US stock markets, so we believe that the higher levels will be targeted as pressure continues to push this market towards the 5000 level given enough time. The weekly candle is of course a hammer, so that’s a good sign in and of itself. We have no interest in selling, and believe that the NASDAQ 100 should continue to be one of the more bullish indices that we follow.
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.
