Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Buy-the-Dip Mood Holds at High Levels
The Dow Jones 30 is slightly positive and again it is I think more or less a market that is waiting for good news out of the Middle East. The good news from the Middle East is at least we are not a huge, massive war expanding at this point and I do think that traders will continue to look at this as an opportunity each time it drops.
The 49,000 level I think is your floor. 50,000, obviously a major psychological barrier that we will have to watch.