The Nasdaq Index, technology stocks is testing the 200-day moving average. It's at a critical juncture—either breaking down or rebounding. If it drops below the 200-day moving average, a prolonged correction could last for nearly a year.
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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.