Pro Market Watch continued
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Displaying Matches 6 thru 10 of 44 Found. FIRSTBACK NEXTLAST
The market is in a technical rebound position. The Nasdaq hit its target of 11,000 on Tuesday (10,733 was the low)....
In the last post, the target area of 11,000 for the Nasdaq was listed as a technical support area. On 20 May, the Nasdaq set a low of 11,035, so we're getting close....
Is it time to buy the dip? The Nasdaq is in a bear market (-28%), and the S&P in a deep correction (-16%)....
The S&P held support at its 10SMA Friday, setting up a test of the 50EMA. RSI20 fell under 25 (very weak) on the Jan low, suggesting a retest may occur after the c wave test of the 50 MA....
The Nasdaq attempted to hit new all time highs in late April, but the index fell short....