The NASDAQ 100 fell slightly during the course of the session, and as a result it looks like we could pullback looking for support. The 4040 level below
The NASDAQ 100 fell slightly during the course of the session, and as a result it looks like we could pullback looking for support. The 4040 level below should be massively supportive, as it was massively resistive previously. At this point in time, a supportive candle should be a buying opportunity and as a result I would not hesitate to start going long. A break above the top of the candle for the Thursday session extends the gains going forward as well. The NASDAQ 100 remains one of my favorite indices that I follow at the moment.
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.
