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Tech stocks set for a nasty day ahead

The question now will be one asking about the resolve of dip buyers in the day ahead. After the poor reception to Meta and Alphabet's earnings releases, it is looking rather dire for overall equities sentiment as tech shares are proving to be the real drag. The Nasdaq broke below a key trendline support already yesterday but now looks set to fall further below its 200-day moving average (blue line):A break of that key level would be an ill omen for equities in general and add to the pessimism w... Read More

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Tech

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Nasty

Ahead

Forex

Posted: Oct 26 2023, 07:19

Author Name: forexlive

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