NASDAQ Composite Index
Following the recent sharp sell-off, we anticipate the NASDAQ 100 to retest the midpoint of its current trading range at 19,500.
However, we will be closely monitoring key signals to determine whether the index will:
1. Consolidate within the existing range, or
2. Extend its downtrend further
Market conditions and technical indicators will provide further clarity on the next directional move.
Disclaimers Apply