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Nasdaq 100 leads from the start to the finish

Yesterday all the US stock markets managed to rebound and close higher on the day. It was the Nasdaq 100 that led that rebound from the opening until the close. The index ended the day above 17,800, at 17,807. The 1.18% gain was 207 points above where the index had closed on Tuesday. the drop back in US yields after the European close was a factor and perhaps the strength of the current underlying trend meant that two consecutive downside days were hard to find, notwithstanding the strength of the data that caused it. Quite a bit of dovish talk from Fed speakers and the Treasury secretary and former Fed boss, Janet Yellen also played its part. So, those factors  were the drivers for tech and the Nasdaq 100 to reverse some of the losses seen the day before. However, the index did not quite manage to fill the gap it had left open on the daily chart. That was at 17,859. The high seen yesterday was set at 17,815. Overnight the Nasdaq futures have rebounded from a slight relapse and are currently pricing a reopening not much above where the index closed last night 
 

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