Nasdaq 100

The Nasdaq 100 of course was close during the day on Friday, as it was Good Friday, but overall, I think that the CFD markets show that we are going to pull back a bit, perhaps looking for some type of support. The 6400-level underneath is massive support, so I think that any type of bounce from here should be a nice buying opportunity. However, if we break down below the 6400 level, the market should break down a bit. Ultimately, I believe that the market will continue to find reasons to go higher, but this will hinge on a couple of factors. The first one of course is whether we are going to continue to hear troubles about a potential trade war. The other is LIBOR, which of course causes a lot of concerns when spreads widen. Ultimately, I think that it will be very noisy.