NASDAQ forecast for the week of August 25, 2014, Technical Analysis

NASDAQ forecast for the week of August 25, 2014, Technical Analysis

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The NASDAQ had a positive week, clearing the 4500 level without too many issues. The NASDAQ looks like one of the best stock indices in the United States right now, and as a result we are very bullish of this market and believe that we just started the next leg higher. This leg higher should send this market to the 5000 level, and possibly even beyond that. Pullbacks will continue to be buying opportunities in this market, and we have absolutely no interest whatsoever in selling this market presently.

 

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NASDAQ forecast for the week of August 25, 2014, Technical Analysis

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