Nasdaq down -2.5%
The US stocks continue the slide as the bear market picks up some steam.
The Nasdaq is down -2.5% nowThe Dow is down over -400 pointsThe S&P is down -44 points or -1.62%
Looking at the S&P index, the rally off last week’s lows stalled at the 200 hour and 50 hour MAs (green and white lines). The low from last week at 2670 is a target now. We trade at 2693 currently.