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US stocks extend lower. NASDAQ leads the way lower.

US stocks extend lower. NASDAQ leads the way lower.
The major US stock indices have skidded lower led by the NASDAQ index.Looking at the hourly chart above, the move to the downside has seen the price of the Nasdaq index move below its rising 100-hour moving average (blue line in the chart above). That moving average currently comes in at 13465.67. The current price is trading down -101 points or -0.75% at 13391.22The break below the moving average is the first time since May 4. That tilts bias to the downside at least in the short term. Stay be... Read More
Posted: Jun 26 2023, 16:25
Author Name: forexlive
Views: 081064

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