The Nasdaq faces a key technical challenge today
The drop yesterday already sees price fall to test its 100-day moving average (red line) and given how futures are pointing downwards by another 1.3% currently, it looks like the open is going to be an ugly one for the Nasdaq.
The drop yesterday already sees price fall to test its 100-day moving average (red line) and given how futures are pointing downwards by another 1.3% currently, it looks like the open is going to be an ugly one for the Nasdaq.