Nasdaq Composite Loses Its 200-Day Avg


  • Jason Goepfert

    Jason Goepfert

    Published: 2016-04-29 at 12:44:52 CDT

For the first time in a couple of weeks, the tech-heavy Nasdaq Composite index has traded below its 200-day average. The simple technical indicator is often used as a filter to determine whether a market is in a bull or bear market environment.Since its inception in 1971, when the Composite was ...


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