{"id":143593,"date":"2019-03-14T10:30:27","date_gmt":"2019-03-14T14:30:27","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=143593"},"modified":"2019-03-14T07:12:24","modified_gmt":"2019-03-14T11:12:24","slug":"nd100-analysis-positive-data-bullish-for-nasdaq-stock-market","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/nd100-analysis-positive-data-bullish-for-nasdaq-stock-market\/","title":{"rendered":"Nd100 Analysis: Positive data bullish for Nasdaq Stock Market"},"content":{"rendered":"
March 14, 2019<\/div>
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By IFCMarkets<\/a><\/strong><\/p>\n

Positive data bullish for Nd100<\/strong><\/p>\n

US retail sales and durable goods orders were better than expected. Will the Nd100<\/a> continue the rebound?<\/p><\/blockquote>\n

US economic releases after unexpectedly weak February jobs report were positive indicating the US economy remains strong. Durable goods orders recorded 0.4% over month increase in January when a 0.4% decline was forecast. Construction spending increase in January was also above forecast. The consumer price index rose 0.2% on month in February following three months of no change. A day before inflation data the Census Bureau reported above expected 0.2% rise over month in retail sales in January, after downwardly revised 1.6% drop in December. Better than expected economic data are bullish for Nd100 US stock index.<\/p>\n

\"Nd100<\/p>\n

On the daily timeframe the Nd100: D1<\/b> has breached above the resistance line and has been rising after testing the Fibonacci 61.8 level. These are bullish.<\/p>\n