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Nasdaq Composite Technical Analysis - The bulls are eyeing the top trendline

The fears around a larger conflict in the Middle East eased on Monday as Israel didn’t proceed with a ground offensive in Gaza over the weekend and there are ongoing talks for a more diplomatic resolution. The risk is still there, but the market is looking through it as long as the conflict remains confined to Israel and Hamas. On a more domestic front, the Fed officials continue to repeat that they are probably done with rate hikes and can wait more to see how the economy evolves. Nasdaq Compos... Read More

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Content Topics

Nasdaq

Composite

Technical

Analysis

Bulls

Eyeing

Trendline

Forex

Posted: Oct 17 2023, 12:10

Author Name: forexlive

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