The NASDAQ broke higher during the course of the day after initially gapping lower on Thursday. With that being the case, it looks as if the markets ready
The NASDAQ broke higher during the course of the day after initially gapping lower on Thursday. With that being the case, it looks as if the markets ready to go higher, testing the recent high of the 4600 level. We have no interest whatsoever in shorting this market because it most certainly looks bullish, and as a result we’ve gotten no interest in doing anything that buying dips at this point. A break above the 4600 level since this market much higher, and we do believe that will eventually happen. Ultimately, we think that the NASDAQ goes to the 5000 level.
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.
