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Hello, friends!☺️I trade in the Vooi @vooi-app terminal https://app.vooi.io/ and today I want to tell you about the NDX (NASDAQ-100) index, which is presented in the terminal via Ostium @OstiumLabs🤩 It is one of the key indicators of the technology sector. NDX is the ticker of one of the most famous stock indices NASDAQ-100. It includes 100 of the largest non-financial companies whose shares are traded on the NASDAQ (USA) stock exchange. It can used as a barometer of the health of innovative and fast-growing companies. The index is very important because it is a popular benchmark for investors, especially in the technology sector. High volatility makes it attractive to traders. Examples of companies in the NDX: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), NVIDIA (NVDA), Tesla (TSLA) etc.

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NDX often reflects the overall health of the US innovation economy. The main difference from SPX: NDX is mostly technology and growth, SPX is the entire US economy and more diversification. NDX is more volatile and can provide higher returns, but with greater risk.
As Vooi traders, we need to keep an eye on the NDX when trading crypto because:
- crypto moves in sync with tech stocks, it correlates.
- markets are sensitive to Fed rate changes;
- NDX reflects risk appetite, which affects crypto.
Let's go trade together in @vooi-app ☺️