Nasdaq on pace for the 5 down day in a row

Technical Analysis

Author: Greg Michalowski | nasdaq

Price is down 2.57% from the high

The NASDAQ index is trading just off it's lows, but it is still down -86 points or -0.57% 15019.19. The down day will be the fifth straight for the index. Since the last cycle high on September 7 at 15403.44, the price has declined -395 points or -2.57%.

At the highs today, the NASDAQ index was up 0.5% or 75.60 points.

Price is down 2.57% from the high_
Both the S&P and Dow industrial average broke their five days losing streak yesterday, but are on pace to start another streak down today. 

The Dow is now down -309 points or -0.89% at 34560.50.  At the high, the Dow was up 120.73 points or 0.35%.

The S&P is down -27.34 points or -0.61% at 4441.50.  At the session high, the S&P index was up 17.57 points or 0.39%.

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