{"id":28371,"date":"2023-10-07T20:24:28","date_gmt":"2023-10-07T23:24:28","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2023\/10\/07\/nasdaq-index-sp500-dow-jones-forecasts-9\/"},"modified":"2023-10-07T20:24:28","modified_gmt":"2023-10-07T23:24:28","slug":"nasdaq-index-sp500-dow-jones-forecasts-9","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2023\/10\/07\/nasdaq-index-sp500-dow-jones-forecasts-9\/","title":{"rendered":"NASDAQ Index, SP500, Dow Jones Forecasts"},"content":{"rendered":"

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SP500 061023 4h Chart<\/figcaption>

SP500<\/a> rallied as traders reacted to the better-than-expected Non Farm Payrolls report, which indicated that U.S. economy added 336,000 jobs in September. Analysts expected Non Farm Payrolls of 170,000, so the report has significantly exceeded analyst expectations. The first reaction to the report was negative as traders bet on a more hawkish Fed. However, markets calmed down, and stocks gained upside momentum as traders cheered the strong economy which continues to create jobs despite rising interest rates.<\/p>\n

From the technical point of view, SP500 moved above the resistance at 4260 \u2013 4280 and is moving towards the next resistance level, which is located in the 4335 \u2013 4350 range.<\/p>\n<\/div>\n<\/div>\n

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NASDAQ 061023 4h Chart<\/figcaption>

NASDAQ<\/a> rallied as appetite for risk increased after the release of Non Farm Payrolls report. Treasury yields tested new highs today, but traders focused on the strength of the job market and ignored the risks of an additional rate hike from the Fed.<\/p>\n

NASDAQ received support in the 14,560 \u2013 14,680 range and is moving towards the nearest resistance level, which is located in the 15,200 \u2013 15,300 range.<\/p>\n

Dow Jones<\/h2>\n
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Dow Jones 061023 4h Chart<\/figcaption>

Dow Jones<\/a> gains ground amid a broad rally in the equity markets. Today\u2019s rebound is broad, and the majority of Dow Jones components are moving higher.<\/p>\n

The nearest resistance level for Dow Jones is located in the 33,600 \u2013 33,700 range. A move above 33,700 will open the way to the test of the resistance at 34,300 \u2013 34,400.<\/p>\n

For a look at all of today\u2019s economic events, check out our economic calendar<\/a>.<\/p>\n<\/div>\n<\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] SP500 061023 4h ChartSP500 rallied as traders reacted to the better-than-expected Non Farm Payrolls report, which indicated that U.S. economy added 336,000 jobs in September. Analysts expected Non Farm Payrolls of 170,000, so the report has significantly exceeded analyst expectations. The first reaction to the report was negative as traders bet on a more hawkish Fed. However, markets calmed down, and stocks gained upside momentum as traders cheered the strong economy which continues to create jobs despite rising interest rates. From the technical point of view, SP500 moved above the resistance at 4260 \u2013 4280 and is moving towards the next resistance level, which is located in the 4335 \u2013 4350 range. NASDAQ 061023 4h ChartNASDAQ rallied as appetite for risk increased after the release of Non Farm Payrolls report. Treasury yields tested new highs today, but traders focused on the strength of the job market and ignored the risks of an additional rate hike from the Fed. NASDAQ received support in the 14,560 \u2013 14,680 range and is moving towards the nearest resistance level, which is located in the 15,200 \u2013 15,300 range. Dow Jones Dow Jones 061023 4h ChartDow Jones gains ground amid a broad rally in the equity markets. Today\u2019s rebound is broad, and the majority of Dow Jones components are moving higher. The nearest resistance level for Dow Jones is located in the 33,600 \u2013 33,700 range. A move above 33,700 will open the way to the test of the resistance at 34,300 \u2013 34,400. For a look at all of today\u2019s economic events, check out our economic calendar. [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":28372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-28371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/28371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=28371"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/28371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/28372"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=28371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=28371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=28371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}