The Nasdaq market breadth of 250-Day New High minus New Low has touched down the yellow oversold band, which has been a strong support except for 2008 and 2020 (much worse market background then). The market plunge may slow down or rebound soon.
Also, more than 600 stocks hit a 250-day low, including AMZN, DIS, and PYPL. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&highlow=250-day%20Low
