The NASDAQ 100 and a slightly positive week as we touched the 4800 level. Eventually, we do think that this market continues to go much higher but quite
The NASDAQ 100 and a slightly positive week as we touched the 4800 level. Eventually, we do think that this market continues to go much higher but quite frankly it is a bit overextended. A pullback would probably be welcome relief for those who are trying to get long but don’t have the opportunity to do so at the moment. With this, I remain bullish and I recognize that there is probably a floor in this market somewhere below, maybe at the 4600 level. I have no interest in selling because of this.
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.
