ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

Trading Recommendation on NASDAQ 100 (November 25 – December 15, 2015)

Share On Facebook
share on Linkedin
Print

The outlook on NASDAQ 100 market (NASDAQI:NDX) is currently bright since it is assumed that the price would be able to sustain its current bullishness – as shown by the price action in the chart.

NASDAQ 100 started moving north in October 2015, and it has been able to sustain that movement so far. The price went briefly into the Trendlines, later moving above the upper Trendline. There is currently a perceived bullishness in the market – which exists in conjunction with the recent price development.

Additionally, the RSI period 14 is at the level 50, denoting a strong momentum in the market. The price is thus expected to continue rallying from today till the middle of September 2015.

This forecast is ended by the quote below:

I always find inspiration in those who, despite all odds persevere and accomplish great feats. This attribute of dogged determination is something I’ve always admired in people and have tried to emulate throughout my life. It’s not always easy since sometimes we can get too comfortable in our current situation. When that happens, I believe it’s necessary to get out of our comfort zone. Being uncomfortable can be good, as it will allow us to grow and regain that thirst for challenge. That’s partly why I love trading.” Gabe Velazquez (Source: Tradingacademy.com)

What Super Traders Don’t Want You To Know: Super Traders

 

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com