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 dipped its toe into bear market territory yesterday, Thursday, 12/20/18, but closed a whisker above. Comically, the Nazzy 100, NDX, drops to 6161 yesterday a single hair away from its bear market at 6160. 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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