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NASDAQ 100 Forecast November 23, 2015, Technical Analysis

By
Christopher Lewis
Published: Nov 21, 2015, 06:33 GMT+00:00

The NASDAQ 100 gapped higher at the open on Friday, as we continue to see quite a bit of strength in this marketplace. Any pullback at this point in time

NASDAQ 100 Forecast November 23, 2015, Technical Analysis

The NASDAQ 100 gapped higher at the open on Friday, as we continue to see quite a bit of strength in this marketplace. Any pullback at this point in time should see buyers below, and we look at pullbacks as potential value. On the other hand, if we break above the 4750 level the market should then reach towards the 5000 level given enough time. Ultimately, we have no interest in selling as this market is one of her favorite bullish markets that we follow at the moment. Given enough time, we believe that this will be a very profitable buying opportunity.

 

About the Author

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.

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