Are world biggest stock market Index ready for breakout???
No matter what you trade or invest, you have to eye on these two index if you are investor.
Nasdaq and SPX both near resistance. SPX bulls will like to hold 4000 and breakout these level will give confidence them.
Nasdaq also eye on 13000 level. Breakout 13000 will make market supper bullish.
Remember Nasdaq is index of Tech stock and and bounce in #nasdaq give confidence to Crypto investors too.
April 2nd half will be earning Season, market will eye on Earning reports. While any speculation for Pause interest rate in coming FOMC meeting will make market bullish. CPI number can be big factor to decide next interest rate hike.
Major Events:
CPI data: April 12
FOMC meeting: May 3
(Twitter: @nilesh_rohilla)