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  • Written by Javier Yep Garcia

NASDAQ FUT. Forecast May 2016, UPDATE

FXPRO

NASDAQ FUT. Forecast updated after NFP Report.

We took minimal profit on previous SELL position before NFP. Then we observed a rise on second part of US session. Supported with a June Rate Hike Fading situation, a BUY on NASDAQ, SP500, DOW can be considered. 

Current price is 4332. 
We are going to monitor and look for the possible BUY. Don't jump into a BUY right now, let's monitor first.
Several/Gradual targets due to volatility (Indices can still drop anytime): TP1 4380, TP2 4450, TP3 4550.

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