US Nas 100Long
Nasdaq
Yesterday, the market experienced a strong wave of sell-offs due to continued selling of hedges after expiration and negative reports from Tesla and Google. However, the overall investor consensus remains bullish.
Additionally, positive US GDP data was released today, indicating that economic growth remains strong. Under current conditions, this data will not influence the Fed's decision to start easing monetary policy.
Once the 19,600 level is passed, the local bearish momentum in the market will dissipate, and the initiative will shift to the buyers
Additionally, positive US GDP data was released today, indicating that economic growth remains strong. Under current conditions, this data will not influence the Fed's decision to start easing monetary policy.
Once the 19,600 level is passed, the local bearish momentum in the market will dissipate, and the initiative will shift to the buyers
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.