NASDAQ update
NASDAQ is sitting on the MA200. That’s a really important Support Prior 2 times NASDAQ fell below the 200-Week MA: 2001 (Dot-Com Bubble burst) & 2008 (Financial Crysis) Pray for a bounce here
BCG dumbf Sep 28, 2022
Not so effective analysis IMO. trend lines are broken many times this year. I am not saying it can’t happen; anything can happen but I wouldn’t rely on 200 only.. just my 1.99 cents
Intel walesfan Sep 28, 2022
True but looks like we have seen the worst and companies are recovering especially tech
BlackRock parattai OP Sep 28, 2022
It’s all about possibilities but yes anything can turn around
It will bounce now
Don’t look market with short bounce ,it’s failed ,more damages are waiting for it ,all gains are reversed today