The NASDAQ’s rally was capped by the 60-day EMA, as ongoing tariff wars and the Federal Reserve’s reluctance to cut rates-or its intention to keep rates elevated for as long as possible-continue to weigh on investor sentiment. Given these headwinds, there is a risk that the NASDAQ may continue to slump.
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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.