Nasdaq nears the September low as decline extends to 1.5%

<p>The Nasdaq continues to bleed lower and is now within striking distance of the September 27 intraday low of 12,963.</p><p>The S&amp;P 500 chart looks similar and the Russell 2000 has already broken down.</p><p>Few investors are willing to step in until after we see how far the Gaza war extends and until 5-year yields at least touch 5%. Some of this also reflects weekend risk.</p>

This article was written by Adam Button at www.forexlive.com.