Nasdaq now down 2%
<p>The NASDAQ index is now down over 2% as selling is starting to pile on. The high flyers are fairing even worse.</p><ul><li>Nvidia -4.10%</li><li>Meta -5.04%</li><li>Apple -2.95%</li><li>Alphabet, -2.88%</li><li>Microsoft -3.95%</li><li>Tesla -3.32%</li><li>Amazon -2.32%</li></ul><p>Ouch.</p><p>Individual stock technicals are also being breached:</p><ul><li>Apple broke below and is running away from its 200 day moving average at $170.32. It currently trades at $166.12</li><li>Meta gapped below its 100 day moving average at $299.18. It currently trades at $284.15</li><li>Alphabet gap below its 100 day moving average yesterday at $129.29. Currently trades at $121.93</li><li>Microsoft is now trading below its 100 day moving average at $330.73. Currently trades at $327.64</li></ul><p><a href="https://giphy.com/gifs/ted-trump-cruz-12aW6JtfvUdcdO">via GIPHY</a></p>
This article was written by Greg Michalowski at www.forexlive.com.
Leave a Comment