Nasdaq 100: Targeting A Multi-Year High

 | Oct 28, 2014 06:08AM ET

NASDAQ 100's unbelievable rally of the last 2 weeks has been going on in the pre-open futures. The early October losses have been erased and the index will target its 4.110 multi-year high. In case of a correction, support in the 4.000/3.950 area will come into play.

NASDAQ-100, daily chart: