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Nasdaq 100 is Testing Important Support Now 2022-01-05

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Nasdaq 100 failed MA20 and MA50 and is now testing the 21-month orange uptrend line. If Nasdaq 100 breaks below both the orange line and the blue trading range bottom, the next major support would be at MA200, currently at 14900 points. Another important support would be the 23.6% retracement at 14400 points. Let’s see if the blue line holds.

Also, more than 400 stocks hit a 250-day low, including S” target=”_blank” rel=”noreferrer noopener”>Sea (S” target=”_blank” rel=”noreferrer noopener”>SE) and S” target=”_blank” rel=”noreferrer noopener”>Snap (S” target=”_blank” rel=”noreferrer noopener”>SNAP). Click the link below to view them:
S” target=”_blank” rel=”noreferrer noopener”>SE%20%2B%20NAS” target=”_blank” rel=”noreferrer noopener”>SDAQ&highlow=250-day%20Low” target=”_blank” rel=”noreferrer noopener”>360miq.com/screener?market=NYS” target=”_blank” rel=”noreferrer noopener”>SE%20%2B%20NAS” target=”_blank” rel=”noreferrer noopener”>SDAQ&highlow=250-day%20Low

S” target=”_blank” rel=”noreferrer noopener”>SDAQ#tab-3″ target=”_blank” rel=”noreferrer noopener”>360miq.com/market?data=NAS” target=”_blank” rel=”noreferrer noopener”>SDAQ#tab-3

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