Category: bearishness
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What would increase the bearishness in the Nasdaq today and going forward?
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The Nasdaq Composite Index fell -408 points at one point in today’s trading. It is now down -334 points or -1.80%. This is its worst decline since April 30 when the index fell -2.04%. What did the pullback do technically? The Nasdaq index retreated from the 38.2% decline. The Nasdaq…