The NASDAQ 100 initially fell but turned him around to form a slightly positive candle during the day on Friday. This looks as if the market is ready to
The NASDAQ 100 initially fell but turned him around to form a slightly positive candle during the day on Friday. This looks as if the market is ready to continue to try to find enough momentum to break out to the upside, and a move to a fresh, new high would be reason enough to start going long as the market should then reach towards 5000 over the longer term. Any pullback at this point in time should be a buying opportunity, as the NASDAQ 100 has been one of the better performers over the longer term.
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.
