NDX has followed the same general trends as 
DJI & 
SPX, seeing pullbacks as economic reporting comes in (CPI, PPI, DGO, New Home Sales...
The relief rally following the Fed's minimalist 25 bps rate hike has now reversed as markets prepare to absorb March's inflation numbers reporting next week.
Expecting retracement from the blue channel downwards as the FOMC meeting approaches in early May.
DJI & SPX, seeing pullbacks as economic reporting comes in (CPI, PPI, DGO, New Home Sales...The relief rally following the Fed's minimalist 25 bps rate hike has now reversed as markets prepare to absorb March's inflation numbers reporting next week.
Expecting retracement from the blue channel downwards as the FOMC meeting approaches in early May.
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Related publications
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.