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Traders use the 50-day moving average as a gauge for the intermediate-term trend, and the Nasdaq is currently above this rising line, indicating that the index could keep moving up in the near term.
Relative Strength Between Nasdaq & S&P 500 Despite IXIC/SPX is a ratio chart, Wyckoff price structure together with Wyckoff events can be observed throughout. After the selling climax (SC) formed ...
US stocks had a terrible day on Monday. And no sector suffered more than tech. The tech-heavy Nasdaq 100 saw among the deepest losses on the day, falling 3.8%, its largest single-day drawdown since ...
Our Chart of the Day is from JPMorgan, which highlights that the Nasdaq 100 Index is closely tracking its trading playbook from 1999. The chart plots the 2023 year-to-date performance of the tech ...
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