Nasdaq- Back to local support
Looking for some downside back to local support area and then a break down from there as well... don't be surprised to see things keep on going down till we reach 9,000 or so, where the Nasdaq can grow back with confidence and time. Just like a bull market seems to never end, bear markets work the same way... just when you think it's over another leg down comes... you have to understand short interest and look at how many stocks have a float on them.
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