The NASDAQ 100 went back and forth on Tuesday, as we continue to see quite a bit of volatility. The 4800 level above is going to be massively resistive,
The NASDAQ 100 went back and forth on Tuesday, as we continue to see quite a bit of volatility. The 4800 level above is going to be massively resistive, and thus I feel that this market breaking above there would be a very bullish sign, perhaps sending this market to the 4900 level. Pullbacks at this point could be thought of as buying opportunities as I believe there is quite a bit of bullish pressure overall, but I am the first person to admit that the NASDAQ 100 is a bit of a laggard when it comes to stock indices in America.
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.
