The NASDAQ 100 broke out during the course of the week, slicing through the 4800 level. At this point in time, I believe that the market should try to
The NASDAQ 100 broke out during the course of the week, slicing through the 4800 level. At this point in time, I believe that the market should try to reach towards the 5000 level longer-term, which has been a target that I’ve been looking for over the last several months. Any pullback at this point in time should continue to be buying opportunities, as this market should continue to thrive in a low interest-rate environment that seems to be what we are stuck in for the foreseeable future.
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.
