NASDAQ down 0.66%. The index fell 173 points, ending a 2-day rally. Yesterday, the Nasdaq closed back above its 20-day exponential moving average, switching the short-term trend to the upside.
The RSI fell to 51.5. The MACD indicator has turned sideways in neutral territory.
Volatility was flat, the VIX ended at 16.59. 10-year yield rose 3 bps to 4.48%
The Nasdaq is 2,355 points (or 9.9%) above the 200-day moving average of 23,685.
Short-Term Trend: up.
The Nasdaq is 92 points above its 20-day exponential moving average of 25,948 and 160 points above its 50-day moving average of 25,880.
NASDAQ up 2.07%. The index jumped 522 points, ending a five-session losing streak. With today’s big gain, the Nasdaq retook the 50-day moving average on a closing basis, switching the short-term trend back to Neutral.
Last Friday’s low of 25,014 represented a successful test of the June 9 low of 24,980, a key short-term support level.
The RSI rose to 49.2. The MACD indicator is trending downward. Volatility retreated, the VIX fell 4.1% to 17.65. 10-year yield was flat at 4.37%
The Nasdaq is 2,176 points (or 9.2%) above the 200-day moving average of 23,644.
Short-Term Trend: Neutral
The Nasdaq is 90 points below its 20-day exponential moving average of 25,910 and 7 points above its 50-day moving average of 25,813.
NASDAQ down 0.24%. The index fell for the fifth session in a row, losing 60 points. But software and cybersecurity stocks showed relative strength.
Today’s low of 25,014 represents the first successful test of the June 9 low of 24,980.
The RSI fell to 42.3. The MACD indicator is trending downward. Volatility came down, the VIX fell 2.5% to 18.41. 10-year yield fell 2 bps to 4.37%
The Nasdaq is 1,672 points (or 7.1%) above the 200-day moving average of 23,625.
Short-Term Trend: down.
The Nasdaq is 622 points below its 20-day exponential moving average of 25,919 and 481 points below its 50-day moving average of 25,778.
NASDAQ down 0.46%. The index fell for the fourth session in a row, losing 118 points. The Nasdaq gave up an early gain of 248 points, indicating sellers are back in control.
There’s short-term downside risk to the June 9 low of 24,980.
The RSI fell to 42.9. The MACD indicator is trending downward. Volatility picked up, the VIX rose 1.4% to 18.89. 10-year yield fell 1 bp to 4.39%
The Nasdaq is 1,750 points (or 7.4%) above the 200-day moving average of 23,608.
Short-Term Trend: down.
The Nasdaq is 627 points below its 20-day exponential moving average of 25,985 and 395 points below its 50-day moving average of 25,753.
NASDAQ down 0.43%. The index fell for the third session in a row, losing 110 points.
There’s short-term downside risk to the June 9 low of 24,980.
The RSI fell to 44.1. The MACD indicator is trending downward. Volatility dropped, the VIX fell 4.4% to 18.63. 10-year yield fell 9 bps to 4.40%
The Nasdaq is 1,886 points (or 8%) above the 200-day moving average of 23,590.
Short-Term Trend: down.
The Nasdaq is 575 points below its 20-day exponential moving average of 26,051 and 242 points below its 50-day moving average of 25,718.
NASDAQ down 2.22%. The index fell 579 points, adding to yesterday’s 351-point drop.
The Nasdaq closed below its 50-day moving average, now at 25,672—for the first time since early April, switching the short-term trend to the downside. There’s now risk to the June 9 low of 24,980.
The RSI fell to 45.2. The MACD indicator has turned downward again. Volatility advanced, the VIX rose 12.7% to 19.49. 10-year yield fell 1 bp to 4.49%
The Nasdaq is 2,016 points (or 8.5%) above the 200-day moving average of 23,571.
Short-Term Trend: down.
The Nasdaq is 524 points below its 20-day exponential moving average of 26,111 and 85 points below its 50-day moving average of 25,672.