JICPT| NQ moving up on Powell's comment on monetary policy!
The chairman of Fed may be the most powerful in the financial market. What he/she says rocks the market, from stock index to commodities. It's the whole asset class.
Today is no exception. Earlier today, Powell said the Fed is still a ways off from altering policy and expected inflation to moderate in the future.
What he said definitely ease investors' concern on tapering. Nasdaq moves up with gold with USD weakened against most of its peers.
Do pay attention to the big whole number 15000. NQ is so close to it. I guess price may start another rally move once the whole number is firmly conquered.
If you're interested in the correlation between different assets to enhance your projection probabilities. You can read my Related Ideas below titled 'How things got linked up with one chart'
Give me a like if you're with my idea.
Today is no exception. Earlier today, Powell said the Fed is still a ways off from altering policy and expected inflation to moderate in the future.
What he said definitely ease investors' concern on tapering. Nasdaq moves up with gold with USD weakened against most of its peers.
Do pay attention to the big whole number 15000. NQ is so close to it. I guess price may start another rally move once the whole number is firmly conquered.
If you're interested in the correlation between different assets to enhance your projection probabilities. You can read my Related Ideas below titled 'How things got linked up with one chart'
Give me a like if you're with my idea.
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