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NASDAQ index hits new session lows, key technical levels under pressure

The NASDAQ index is trading at new session lows, with the price reaching 11935.04. The current price stands at 11936.80, down -96 points or -0.80%. Technically, the decline has pushed the index below its rising 100-hour moving average, currently at 11961.50. This marks the first time the price has traded below this moving average since March 16. Staying below the moving average indicates that sellers maintain control. Earlier today, the low price found support at the moving average, attracting b... Read More

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Nasdaq

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Session

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Technical

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Forex

Posted: Apr 12 2023, 19:27

Author Name: forexlive

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