Bearish NASDAQ (US100) to Continue in Longer Term
Based on the upcoming fundamental news such as Non-farm Payroll (NFP) today and CPI news next week, I would think NQ would be bearish with higher probability to follow yellow path.
I am hoping i was wrong, but given the recent geo-political news such as OPEC+ is reducing the oil output, it will drive price of goods to continue to go up, giving more pressure for higher inflation, and fed will try to slow inflation down by increasing interest rates more if there were no strategic initiative by US government to relieve the concerning situation.
I am hoping i was wrong, but given the recent geo-political news such as OPEC+ is reducing the oil output, it will drive price of goods to continue to go up, giving more pressure for higher inflation, and fed will try to slow inflation down by increasing interest rates more if there were no strategic initiative by US government to relieve the concerning situation.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.