The NASDAQ 100 of course didn’t move at all during the course of the session on Thursday as strength as we have seen quite a bit of a bounce over the last
The NASDAQ 100 of course didn’t move at all during the course of the session on Thursday as strength as we have seen quite a bit of a bounce over the last several sessions. We believe that it’s only a matter time before the NASDAQ 100 continues higher and reaches above the recent highs so we can head towards our longer-term target of the 5000 handle. We have no interest in shorting, and as a result we believe that this is a “one-way” trade at the moment. The US stock markets in general should be bullish.
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.