The NASDAQ 100 had a slightly positive session on Monday, but found the 4400 level above to be resistive again. This is a nice level to look for a
The NASDAQ 100 had a slightly positive session on Monday, but found the 4400 level above to be resistive again. This is a nice level to look for a breakout at, as if we get above there, it is likely to send this market looking for the 4500 level. The market has plenty of support underneath, so I look at the pullbacks in this market as a nice value play, and will look to take advantage of supportive candles to go long as well. The market isn’t one that I am interested in selling.
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.
