[ad_1]
NASDAQ index is shifting down to check its 200 hour MA
The Nasdaq indea is buying and selling to new lows on the day and within the course of is getting nearer to the rising 200 hour shifting common at present at 12285.52.
Recall from Friday, the value fell again beneath its 100 hour shifting common into the shut and shut beneath that stage. Right this moment the value gapped decrease, and has continued the promoting.
The worth final traded beneath its 200 hour shifting common again on July 15 one the shifting common was at 11358.29. The worth moved up 15.63% from that shifting common stage to the excessive from August 16. Since then, the value is down round 6%..
[ad_2]