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Nasdaq 100 Breaks Down 2-Year Up-Channel 2022-02-23

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Nasdaq 100 hit a YTD low again, closing below the 2-year orange up-channel bottom for the second day. The next major support would be at the 38.2% retracement level around 13000 points.

Also, more than 300 large-cap stocks hit a YTD low, including MSFT and TSLA. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&highlow=Year-To-Date%20Low&marketcap=%E2%89%A5%20Large

360miq.com/market?data=NASDAQ#tab-3

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