Nasdaq shrugs off hawkish Fed
Today US100 is by far the strongest from the major US indices. The index rose strongly in the last three hours from around 13,900 points to new historic highs above 14,180 pts. The situation is particularly interesting taking into account yesterday's message from the US central bank. Although the Fed did not change much and did not even mention anything about tapering, many investors still treat the meeting as "hawkish" - looking at the dot-plot chart.
Meanwhile, US100 broke above previous highs from Tuesday. If a single pullback occurs, it will be worth paying attention to the zone around 14,055 pts - looking at previous price reactions, the level may be the first important support.
US100, H4 interval. Source: xStation5