NASDAQ 100’s Upside Target And Short Trigger
InTheMoneyStocks.com | Nov 07, 2018 01:58PM ET
The Nasdaq 100 surged following the Democrats retaking the House. The reason for the rally? Just days ago, President Trump threatened to file anti-trust cases against the big tech companies, claiming they were monopolies. Investors believe that the Democrats will neutralize that threat in the near-term. As tech surges higher, investors should be ready to pull the trigger on the short side when price hits $178. This is a major technical resistance and all technical chart signals show another leg down in the market.
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