The NASDAQ 100 bounced hard during the session on Thursday in order to close at roughly the 2650 level. This shows that we do in fact have so poor down at
The NASDAQ 100 bounced hard during the session on Thursday in order to close at roughly the 2650 level. This shows that we do in fact have so poor down at the 2620 level, and as a result we did get a nice bounce. It should not be a surprise that this happened considering Apple got a bit of a bid during the session as well. With all that in mind, nonfarm payroll Friday is today, and we do think that the markets will be pretty wild. Looking at this chart, we see consolidation between 2620 and 2700. Until we break out of that range, moves will be short and quick.
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.
