Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Continues to Look Hot
That value could be a drop down towards the 28,000 level. We could, of course, take off to the upside, but really, it doesn’t look very likely at the moment. I think you’ve got a situation where when we do pull back, there will probably be traders willing to get involved and pick up value, but the 28,000 level, for me at least, is a major floor that would definitely attract quite a bit of attention.