NASDAQ erases the declines on the day

The major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term have erased their earlier declines on the day and are trading in positive territory.

• Dow industrial average is near unchanged at 31833
• S&P index is also near unchanged at 3936.15
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index is currently trading up 54 points or 0.49% at 11420
• Russell 2000 index is up 20.92 points or 1.22% at 1739.06

The NASDAQ index reached a low price of 11108.76. That took the index down -31.48% from its all-time high. Back in March 2020, the NASDAQ index fell -32.04% on the back of the pandemic shut down. The decline from the high got within about 0.5% of that equivalent percentage fall. It is enough to lead to a squeeze higher?

Watch the 11449.29 level. The high price so far reached 11452.04 just above that level. That is the 50% midpoint of the move up from the March 2020 low. More momentum above that level could lead to a further squeeze to the upside on dip buying. Stay below and the sellers remain in full control.