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NASDAQ index corrects back toward its broken 100 hour move average

US stocks are higher across the board. The NASDAQ index is leading the way to the upside erasing the declines seen during yesterday's trading. The index is now up 121.55 points or 0.91%. In the process, the price is getting closer to its broken 100-hour moving average at 13474.75. Recall from yesterday, the price fell below that moving average for the first time since May 4. Will sellers lean against the moving average now? Key technical bias defining level for the NASDAQ index. Stay below is mo... Read More

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Nasdaq

Index

Corrects

Back

Toward

Broken

Hour

Move

Average

Forex

Posted: Jun 27 2023, 15:41

Author Name: forexlive

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