Will Lowered Interest Rates Make Or Break The Stock Index Market

13 thg 9

S&P 500 Fundamentals:

All three of the major indexes posted gains for the week, led by a 2% gain in the Nasdaq, with expectations high the Fed will cut interest rates by at least 25 basis points at the meeting.

S&P ascends second straight week, adds 1.6% on revived artificial intelligence optimism, expected interest-rate cuts.

Price Levels To Lookout For:

- Closure Above $6,600
- $6,450 Weekly Order Block
- $6,223.25 - $6,109.00 Weekly Draw On Liquidity

Nasdaq Fundamentals:

Helping the Nasdaq, shares of Tesla gained 7.4% after board chair Robyn Denholm dismissed concerns that CEO Elon Musk's political activity had hurt sales at the electric-vehicle maker and said the billionaire was "front and centre" at the company.

Price Levels To Lookout For:

- $24,068.50 Prev All-Time HIghs
- $24,200 Psychological Level
- $22,222 - $22,582 Weekly Sellside Liquidity Pool

Dow Jones Fundamentals:

In New York, the Dow Jones Index dropped 231 points or 0.50 percent on Friday.

Losses were led by Merck (-2.75%), Sherwin-Williams (-2.14%) and Honeywell International (-1.79%).

Offsetting the fall, top gainers were Apple (1.82%), Microsoft (1.76%) and Walmart (0.83%).

Price Levels To Lookout For:

- $46,176 (Current Highs)
- $45,245 Weekly Order Block
- $44,642 - $44,615 Weekly BISI

16 thg 9

Ghi chú

ES & NQ before december contract.

16 thg 9

Ghi chú

YM Daily timeframe