The NASDAQ 100 fell significantly during the day on Monday, testing the 4625 level. However, we think that there is more than enough support below to keep
The NASDAQ 100 fell significantly during the day on Monday, testing the 4625 level. However, we think that there is more than enough support below to keep this market going higher so we do not wish to sell. We think that the gap that extends all the way down the 4500 is massively supportive, and as a result we are looking for a supportive candle in order to start buying again. We believe that the market will go much higher given enough time, as there is more than enough momentum going forward.
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.
