The NASDAQ 100 rose slightly during the course of the session on Wednesday, as we continue to see bullish pressure but we also have to keep in mind that
The NASDAQ 100 rose slightly during the course of the session on Wednesday, as we continue to see bullish pressure but we also have to keep in mind that the Thanksgiving Day holiday is today, so that means that the US indices will all be silent. Overall though, this is a market that we believe will break out to the upside and we are buyers once we get above the 4725 level. Pullbacks should be buying opportunities as well, so therefore we have no interest whatsoever in selling this market anytime soon.
NASDAQ 100 Forecast November 26, 2015, Technical Analysis
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.