Nasdaq has the potential to deepen its losses
The Nasdaq is approaching the key zone of 14,850-14,930. It is marked by the largest correction in the uptrend that began at the beginning of 2023.
Additionally, the last bottoms are located in this zone.
A break of this zone could bring the index down to the 100-day MA around 14,400.
Additionally, the last bottoms are located in this zone.
A break of this zone could bring the index down to the 100-day MA around 14,400.
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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.