Today's chaotic open has reshaped into another leg lower. Nasdaq is currently experiencing its worst year-to-year start in at least 30+ years. It is slightly worse than 2008, and the longest losing streak for a weekly since Sept 2020.
Importantly, the S&P 500 recently broke below its 200DMA and key support! The bears are definitely in charge.
Importantly, the S&P 500 recently broke below its 200DMA and key support! The bears are definitely in charge.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.