NASDAQ Improves in AM but Shows Signs of Reversal

I’m paying close attention to an interesting move in NASDAQ…

We were on an upswing for the last couple days. Monday closed on a high. Tuesday made a new high, but NASDAQ sold off at the close, triggering a trend reversal and moving the index below Monday’s low.

As I write this, NASDAQ has fallen -1% in a matter of seconds and continues to go deeper in the red with every word I write…

In today’s video, I analyze the market over the last few days and discuss what it could mean for today and the rest of the week.

Recent Updates

Joy of the trade logo

© Joy Of The Trade 2020. All Rights Reserved.

HIGH RISK WARNING

Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. Joy Of The Trade provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success.

A WealthPress Company

495 Town Plaza Ave, Ponte Vedra, FL 32081 | (904) 404-8873