NASDAQ broke an important support, what is next move?
Analogous to its counterpart, the NASDAQ index follows a comparable trajectory, embarking on a synchronous downward spiral. Proximity to its designated trend support evokes a sense of anticipation and intrigue, as market observers keenly monitor whether the NASDAQ index will muster the strength to hold steadfast or succumb to the pressures of the prevailing downward momentum. An accompanying horizontal support emerges, situated at an approximate threshold of $14430, mirroring the resonance witnessed in the S&P 500.
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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.