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Nasdaq Composite Technical Analysis - "Make it or break it" moment

After the strong selloff following the more hawkish than expected FOMC dot plot, the Nasdaq Composite is now taking a breather just around a key level. On the fundamental side nothing’s changed this week other than another very strong Jobless Claims report yesterday that points to a tight labour market, which is not what the Fed wants to see as it might put upward pressure on wage growth and make it harder to achieve the inflation target. Nasdaq Composite Technical Analysis – Daily TimeframeOn t... Read More

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Content Topics

Nasdaq

Composite

Technical

Analysis

Make

Break

Moment

Forex

Posted: Sep 29 2023, 11:00

Author Name: forexlive

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