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Thursday, March 28, 2024

Nasdaq Breaks Critical Technical Support As FANGs Are FUBAR

Courtesy of ZeroHedge. View original post here.

Every effort at a bounce today is failing and Nasdaq is leading the decline, breaking below its 50DMA…

This is the deepest below its 50DMA the Nasdaq has been since May

FANGs are the worst performers… (biggest drop in FANGs since July)

And Semis are ugly…

Tech has erased all of its September gains relative to Financials…

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