Broader indices are lower and testing a key target


The broader US stock indices will lower on the day with the NASDAQ index testing a key swing area at session lows. The S&P index fell below a swing area and threatens to tilt the bias more to the downside.

However the prices have seen a rebound. In the video above I take a snapshot of the major indices and also take a look at some of the large-cap stocks including Nvidia, Micron, that, Microsoft, Meta, and Apple

What has the declines this week done for the technicals? What needs to happen to turn the ship around.

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