Nasdaq 100 broke below the 1.5-year orange channel bottom and is now testing MA200 for the first time in about 2 years, reflecting that the technical aspect of it has weakened. Still, it may find some short-term support at MA200 or the purple trendline.
Also, more than 100 stocks crossed under MA200, including INTC, BA and AXP. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma200=Close%20cross-under%20MA200
360miq.com/market?data=NASDAQ#tab-3
