November 30, 2021

Forex Solution

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NASDAQ goes negative

1 min read

Joins the Dow and S&P in the red

The NASDAQ index is now turned negative on the day. It currently trades down -4.62 points or -0.03% 14507.63. The low price reached 14488.55.

Looking at the hourly chart above, the price has moved down to test the 38.2% retracement of the move up from the June low. That level comes in at 14483.00. The low price got within five points of that level. A break below that level would target the August 19 low at 14509.32




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