Nasdaq Breaks Key Support Level

Nasdaq contracts hit lowest level since March 2021

The US100 technology index broke below the key support level of 13,000 pts, which was tested several times in recent days as well as in February and March. The opening on Wall Street brings additional volume in the market, although this could probably be related to further liquidation of the market positions. Next major support can be found around 12,250 pts , where lows from March 2021 are located. The US100 already fell over 2.0% today.

Source: xStation5

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