Volume and liquidity are very important issues at this time of year, and traders have no other way to protect against this than to use small positions. , The NASDAQ 100 rebounded during Thursday’s session, using the 10,700 level as a bit of a support barrier, as we’ve seen a few times before. Don’t be ridiculous, don’t jump into it with a lot of money. There are a lot of people who close because they don’t work on Friday, so it can be quite short. Sometimes I can give you advice that can make you money, other times I give advice and maybe save you money. It would be the latter of the two because frankly, even if we rallied from here, there are a lot of obstacles up there that could come into play. Advertisement Stock Markets Crash Again Buy Dips Now! Another thing to consider is that lack of liquidity is a big problem and therefore we are likely to see volatile movements at best. Certain types of news reports can make huge moves in the market, mainly because no one is involved. Volume and liquidity are very important issues at this time of year, and traders have no other way to protect against this than to use small positions. Volatility Before Do I believe that the market can return to the 50-day EMA in the next trading sessions? Of course it could, but honestly, I’m not interested in that move because I also understand that next Friday’s jobs numbers could cause things to fall. Additionally, any unexpected messages may destroy this index. It’s just not worth the risk, because Murphy’s Law says that if you have a huge position, when you try to collect some points, something will go against you and cause 200. Trust me, I know. I was already there. If we break below the 10, 00 level, that’s a sign that the NASDAQ 100 is going much lower in the long term, and it wouldn’t surprise me at all. We probably have a few days of trading sessions where we just grind it back and forth with no real direction. This is typical for this time of year.