Nasdaq 100 & Dow Jones Seek Support Amid Declines : vimarsan

Nasdaq 100 & Dow Jones Seek Support Amid Declines


Nasdaq 100 & Dow Jones Seek Support Amid Declines - Stock Forecast
2021-02-18 21:00:00
Peter Hanks,
Strategist
Nasdaq 100 & Dow Jones Price Outlook:
The Nasdaq 100 and Dow Jones have suffered slight losses in recent sessions, falling from recent highs
Relative to broader price trends, however, recent declines are a blip on the radar and equity strength may persist in the longer-term
Nasdaq 100 & Dow Jones Seek Support Amid Declines - Stock Forecast
The Nasdaq 100 and Dow Jones have bled lower this week, leaving the two indices in search of technical support. Since little has changed in the fundamental landscape, aside from rising Treasury yields which should be eyed closely, the longer-term equity outlook remains encouraging. With that in mind, nearby support might provide a springboard for an eventual recovery higher.

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