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.
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.
