The Nasdaq Composite is about to break the 40wema at 22080, and if it does, we are going down to 20500. On the daily chart, the index is making a series of lower highs and lower lows - what we define as a Dow theory downtrend, and there is no change. So continue to expect the trend down to extend and accelerate
The Truth About The Markets: SEBI Research Analyst - INH000023630
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The Truth About The Markets: SEBI Research Analyst - INH000023630
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.