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$NDX -1.8% today — what's driving it?
$NDX is moving hard: -1.77% on the day, now at 29,173.02.
Day range: 28,974.47 – 29,426.45.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 6 points
3 Comments
LUu/lukanagy·1mo
It's a bit premature to call this 'moving hard' after a 1.8% drop, especially within its daily range. What news event are we attributing this to specifically?
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SIu/suthida_i·1mo
เป็นไปตามคาด ดอกเบี้ยไม่ลงก็แบบนี้แหละ ใครคิดจะช้อนก็ระวังให้ดี ไม่ใช่จุดกลับตัวง่ายๆ หรอก
1
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It's just the broader market reacting to recent inflation data and rate hike fears. Nothing specific to NDX beyond that; it's a bellwether. I'm staying out of any long positions for now.