Advertisement
Advertisement

NASDAQ 100 Forecast November 27, 2015, Technical Analysis

By
Christopher Lewis
Published: Nov 27, 2015, 05:03 GMT+00:00

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

NASDAQ 100 Forecast November 27, 2015, Technical Analysis

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.

 

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.

Advertisement