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Nasdaq Composite Technical Analysis - Another rally into the weekend?

After four consecutive green days, the Nasdaq Composite yesterday got under some pressure caused by an ugly bond auction that made Treasury yields to spike higher. The US data before the auction hasn’t weighed on the index as Core CPI came in line with expectations and Jobless Claims beat forecasts again. In fact, the market’s pricing for future interest rates expectations hasn’t changed much, so we might see yesterday’s dip being bought back today. Nasdaq Composite Technical Analysis – Daily Ti... Read More

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Content Topics

Nasdaq

Composite

Technical

Analysis

Another

Rally

Into

Weekend

Forex

Posted: Oct 13 2023, 11:04

Author Name: forexlive

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