02 Aug: After experiencing a significant V-shaped recovery, the Nasdaq 100 is losing momentum. It failed to reclaim the VWAP after opening, and selling intensified once the 19,500 level was broken. The market even fell below the 19,000 level later. Is there more downside coming?
I am a day trader sharing insights on futures trading. Views expressed are my own and not intended as advice.
Showing posts with label nasdaq100. Show all posts
Showing posts with label nasdaq100. Show all posts
Friday, August 2, 2024
Thursday, August 1, 2024
Nasdaq100 31072024
31 July: Nasdaq 100 had a strong start after a significant sell-off, reclaiming the 19k and even the 19,500 level with major AI stocks experiencing a V-shaped recovery.
Wednesday, July 31, 2024
Nasdaq100 31072024
31 July: The Nasdaq 100's tech rebound could not last. Selling emerged after the open and became aggressive later, driven by losses in AI stocks, causing the market to dip below the 19k level.
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