Nasdaq 100 Breakout Expected to Drive Market Higher
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#cf2b8919 ver:1.44
The Nasdaq 100 is expected to drive the market higher as the movement of the US 10-year Treasury yield becomes the primary driver. Key levels to watch are 4.70% (bearish) and 4.58% (bullish). Non-farm payrolls and ISM Services PMI will provide insights into the US economy. A clearance above 4.70% could trigger a downturn, while a break below 4.58% may continue the rebound. Asset managers remain bullish. Nasdaq breakout needs to hold for the S&P 500 and Russell 2000 to follow. #Nasdaq #US10YearTreasury #Bullish #Bearish...
#newstr #Nasdaq100 #Us10yearTreasuryYield #StockMarket #Breakouts #KeyLevels
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