Some interesting comments about the daily close on the NASDAQ composite from JBartelloni (bartscharts.com).
(An excellent resource for technical analysis & some yarns from the authors previous life as a pilot on a aircraft carrier.)
The decline on the daily from the lower high so far looks impulsive (very few overlaps between the bars).
Possible support from the 50% retracement level of the advance from the Oct 23 low which is close to the 200ma ?
Some interesting comments about the daily close on the NASDAQ...
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