NASDAQ has broken its 50-day SMA on a daily time frame and this means more weakness ahead. Watch the video by AvaTrade's Chief Market Analyst, Naeem Aslam, to learn more.
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Bear Market?
Dear Mikhail,
We collectively think that not really, but lets keep an eye on the 50-day SMA…this is Naeem’s thought to us.
Great to have you with us!
Michael
Community Manager at AvaTrade