Nasdaq Breaks Critical Technical Support As FANGs Are FUBAR

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…

via RSS https://ift.tt/2E6Sp06 Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *