NAS100 rebound as SPX found support

16 בספט׳ 2021

On wednesday NAS100 was applying pressure to the downside and looked like a break down was on the way but good fundamental news and SPX finding support 61.8 level gave it the boost it needed. Closing near previous 2 day high but not closing above leads me to believe there's some more possible downside. with retail sales data and the michigan report on friday only time will tell. will positive data continue to push this up or is this a rally that will stall.