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.
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.