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NASDAQ index now down 1% and back below its 100 hour moving average

NASDAQ index now down 1% and back below its 100 hour moving average
The NASDAQ index is now down over 1% at 13581.28 down 137.69 points or 1.00%. The sharp move to the downside has the price back below its 100 hour moving average at 13661.20. The 50 hour moving average is lower at 13506.23.The S&P index is also lower and trading near Lowe's for the day. It is currently down -23.28 points or -0.53% at 4412.55. On the downside, it's 50 hour moving average comes in a 4405.36. At the open, they price gap above its 100 hour moving average at 4445.84, but sellers were... Read More
Posted: Aug 24 2023, 15:15
Author Name: forexlive
Views: 091930

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