Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
The Nasdaq Composite Index, COMPQ, topped out at 8133.30 on 8/30/18.A -20% drop is a bear market which is the 6507 level. The Nazzy Comp is in a bear market. The Nazzy 100, NDX, drops below 6160 which places it in a bear market as well. Tech stocks are taken to the shed out back and beaten severely. It's going to leave a mark. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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