The NASDAQ as you can see broke much higher during the course of the week, clearing the 4300 level. That was the level of that was of the top of the
The NASDAQ as you can see broke much higher during the course of the week, clearing the 4300 level. That was the level of that was of the top of the hammer from the previous week, and of course is that is a very positive sign. This market looks like it’s ready to test the 4600 level, that being said we are very positive. With that, we feel that this market should continue to go much higher, and as a result we are most certainly buyers of the NASDAQ going forward.
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.