The Nasdaq 100 has not even reached our projection for a ‘healthy’ correction yet. It has not even reached the 1st supportive moving average.
A friendly reminder to the bears. Though what is going on in the markets seems awful and indeed could be signaling macro changes to come, the US stock market is not broken, technically.
Indeed, the Nasdaq 100 has not even reached our projection for a ‘healthy’ correction yet. It has not even reached the 1st supportive moving average.
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