NASDAQ Technical Picture - Profit Taking after the Surge
Following a morning rally, normal profit taking after the huge surge came into play in the afternoon. We saw a 38% Fib. retracement from Monday's low to the midday high and a weak close. Support at the 50% retracement level.
Following a morning rally, normal profit taking after the huge surge came into play in the afternoon. We saw a 38% Fib. retracement from Monday's low to the midday high and a weak close. Support at the 50% retracement level.
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