NDX: Despite major rallies in the broader market, the tech sector closed flat

SmartReversals
09-11

$NASDAQ 100(NDX)$ :

Despite major rallies in the broader market, the tech sector closed flat. The index retraced from its high of the day to print a red candle.

With the Stochastic indicator overbought, $NVIDIA(NVDA)$ pulling back from the high of the day suggesting a top formation, and $Apple(AAPL)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$ suggesting bearish continuation, the 50DMA is a key target to watch.

ImageImage

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here：

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

  • Top
  • Latest
  • Maurice Bertie
    ·09-11
    NDX red candle after rally! NVDA/AMZN weak,sell first, ask later!
    Reply
    Report
  • Norton Rebecca
    ·09-11
    NDX flat + NVDA top! AAPL/META bearish.50DMA’s my next target!
    Reply
    Report