It's been over 13 years and 3 months since NASDAQ has broken below the 200 EMA on week tf!
Precisely, the date was 20th July, 2009!
EMA 200 is a strong tool to see the long-term reliability on an asset!
A weekly support @EMA 200 for NASDAQ can be a major flip area!
Question here arises is that!
Is the bull run over?!?!?
Or we're still retracing!?!?!?
IT stocks in focus!
Precisely, the date was 20th July, 2009!
EMA 200 is a strong tool to see the long-term reliability on an asset!
A weekly support @EMA 200 for NASDAQ can be a major flip area!
Question here arises is that!
Is the bull run over?!?!?
Or we're still retracing!?!?!?
IT stocks in focus!