Nasdaq now on track to finish at the lows of the week

<p>The price action in the Nasdaq is worrisome. TSLA started the week off with a 10% rally and hasn't given any of it back yet the Nasdaq is now lower on the week and in danger of closing at the lows of the week.</p><p>Maybe I'm reading too much into what's largely been a lackluster trading week ahead of the Fed but it's not the most-inspiring price action and there's a good chance Powell will make a hawkish push for November next week.</p><p>The Nasdaq Composite is down 1.6% today with notable laggards:</p><ul><li>ADBE -4.6%</li><li>NVDA -3.4%</li><li>META -3.2%</li><li>AMZN -2.9%</li></ul><p>You have to worry about NVDA as it hasn't been able to follow through despite a major earnings beat last month.</p>

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