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MrAndroid

Inflation lower, Nasdaq futures higher

NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
MrAndroid  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Trend Analysis
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trendanalysis
The immediate knee jerk reaction to todays lower US inflation is a decrease in the DXY (dollar) and lower bond yields as expectation of higher Fed rates diminishes.. Predictably this has pumped the Nasdaq futures back up to the downward sloping resistance slope. It will be interesting to see what goes on with stock prices today.
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