Jason Goepfert

1-20-2022 at 5:32 pm

Daily Report : The Nasdaq loses a couple of its long term positive trends

The Nasdaq Composite fell below its 200-day moving average for the first time in well over a year. It also fell into correction territory, down more than 10% from its peak, for the first time in over 200 sessions. The Composite tended to see further losses after the ends of other long positive trends.

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