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Nasdaq at new intraday low

EQUITIES

Nasdaq futures is now through new intraday low, and similar momentum selling in Mini S&P.

  • USD is finding a broader base bid on the back of the move,
  • Immediate support in NQA comes at 12,910 (61.8% retrace of the March-April/May rally).
  • Below the latter would eye 12,776 (30/03 low)


Chart source: Bloomberg

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