The NASDAQ 100 went back and forth during the week, but most importantly showed support at the 5000 handle. The 5000 handle begins a significant amount of
The NASDAQ 100 went back and forth during the week, but most importantly showed support at the 5000 handle. The 5000 handle begins a significant amount of support all the way down to at least the 4900 level, so I have no interest in selling. Pullbacks offer value that I plan on taking advantage of, but I also look forward to buying this market on a breakout above the high. Either way, selling his and even a thought, as the NASDAQ 100 continues to show real signs of strength, just as all US indices are.
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.
