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Keep an eye on Nasdaq

EQUITIES
  • Nasdaq is off the lows, but desks will be keeping a close eye at the 2022 low, 11,236.00.
  • A clear break below the latter, and would also need a break through the Psychological 11,000.00, opens to 10635.39 and 10082.96 - the 0.618 and 0.764 projection levels.

Chart source: MNI/Bloomberg

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