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Nasdaq Composite Technical Analysis - Watch these key levels

The miss in the ADP report yesterday gave the market a bit of relief after a series of strong economic data like Jobless Claims, ISM Manufacturing PMI and Job Openings. The ISM services PMI has also printed bang on expectations, and coupled with the other reports, supports the soft-landing narrative. Moreover, the market was also helped by the fall in Treasury yields and Oil prices which might calm the fears of another inflationary wave. Today, we got another beat in Jobless Claims data and at t... Read More

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Content Topics

Nasdaq

Composite

Technical

Analysis

Watch

These

Levels

Forex

Posted: Oct 5 2023, 13:07

Author Name: forexlive

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