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NASDAQ 100 Forecast November 23, 2015, Technical Analysis

By:
Christopher Lewis
Published: Nov 21, 2015, 06:33 UTC

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.

 

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About the Author

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.

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