Nasdaq 100 Capsizes After Finally Overcoming 200-Day SMA Beware More Volatility

January 30, 2023 at 09:00PM The markets are closing in on systemically important event risk and traders’ compasses are starting to go haywire. Tentative breakout and trend efforts are falling apart ahead of the Fed decision Wednesday, and few markets are more put out technically than Nasdaq 100.

Nasdaq 100 Capsizes After Finally Overcoming 200-Day SMA Beware More Volatility