The NASDAQ futures ended the week with a long overhead tail of selling pressure to hold near the weekly 55EMA.
The daily chart depicts this with a doji followed by a gap down marubozu like candle. Technicals support another leg down.
On the media front, this was a bad media week for tech stocks. Much volatility, and eventually, after short covering should see the real picture...
The daily chart depicts this with a doji followed by a gap down marubozu like candle. Technicals support another leg down.
On the media front, this was a bad media week for tech stocks. Much volatility, and eventually, after short covering should see the real picture...
