Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Could Drift into the Weekend

The Nasdaq 100 has gone back and forth during the trading session on Friday in early trading, as it looks like we are probably going to be pretty noisy. After all, we’ve got the big SpaceX IPO, which is going to throw Wall Street into chaos, at least in the beginning of the session. But nonetheless, even if we do fall from here, I think it’s becoming obvious that the 50-day EMA is an area that people are watching very closely.